Perfect competition is the simplest market structure, where the market is assumed to be in equilibrium and that all sellers sell the same product at the same price. The four conditions for perfect competition are:
1. There are many buyers and sellers in the market so that no one individual or seller can influence the price of the products, goods, and services.
2. Identical products are offered by the sellers
3. Both the buyers and the sellers are well-informed about the products and want to maximize profit.
4. Entry and exit to and from the market can be done freely by the sellers and buyers.
There is no market which displays 100% perfect competition. However, markets exhibiting nearly perfect competition do exist. These include street food vending and agricultural markets.
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You both have to be mature about it and talk it out, or instead you might aggravate your friendship.
Answer:
Asset tags
Explanation:
Asset tags are names on each tag, a number or standardized tag or both are printed. At the point when the benefit tag is perused by an individual or standardized tag scanner, the put away data can be recovered or new information can be recorded.
An asset tag is a silver metallic label that is for all time appended to hardware that serves to distinguish it for following, stock, and responsibility purposes.