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Incomplete Contracts: Do not optimally use all commonly observ-able information. Will be renegotiated at some point in time (bargain-ing). Reasons for contractual incompleteness: Bounded rationality: Parties cannot write long-term state-contingent contracts. Cannot foresee all possible future states.
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Answer:
http://www.dot.state.wy.us/home/administration/transportation_commission/commission_info/how-to-become-a-commissioner.html
Explanation:
Answer:
Abiotic factors can be described as the non-living components of a biome. Abiotic factors that help to characterize a biome include:
Climate: The climate of a place will determine which species will be able to live in that area.
Temperature: Temperature changes in an area will lead to the changes in the changes in the biotic factors. For example, certain species will migrate due to temperature changes.
Soil type: The soil type of a place will determine the type and number of plants or trees which will be able to grow on the area.
Amount of sunlight: Sunlight is an important abiotic factor for species of an area.
Amount of water: The amount of water is a necessary abiotic factor as all species require water.