The correct answer to this open question is the following.
You did not include the name of the host nation. So we are going to take into consideration the example you set: Africa.
Some places you can visit in the African continent in order to find out about the people's past as well as how they live today is the cosmopolitan Cairo, Egypt, in the North of Africa.
In Cairo, you can place one of the 1o Wonders of Ancient Times: the Pyramids of Giza. It is a magical place where you can find the Great Pyramid and the Sphinx. It is one of the most important places where you can learn about ancient civilizations. In downtown Cairo, you can visit the Museum of Cairo, where archeologists have collected an impressive number of artifacts, rocks, figures, and books, that can give you a good idea of the grandiose of the ancient Egyptian civilization.
And if you want to learn more about modern-day human activities, Cairo is the place to be. The perfect combination of an overcrowded city with all the modernities and problems of a great cosmopolitan urban area.
Answer:
D. All of the above.
Explanation:
Their are many reasons why economists study the perfect competition model but we will focus on the options given and it is certified that all of them are the reason for this. Because it is used as a benchmark to compare with other market structures etc.
Firms can enter and leave the market without any restrictions , therefore, there is free entry and exit into and out of the market.
A perfectly competitive firm is known to be a price taker because the pressure of competing firms forces them to accept the prevailing equilibrium price in the market. If a firm in a perfectly competitive market raises the price of its product by so much as a penny, it will lose all of its sales to competitors.
It would be popular vote ,well thats what they clam xD
