The reason as to why some communities such as grasslands, may never really reach F.E. Clement's concept of climax stage because of the fact that the people living in those communities have adapted to periodic interruption. In which allowed them to be further away from Clement's concept of climax stage. In which the periodic interruption is the one responsible for making the ecological equilibrium from being vulnerable to change that it is impossible for them to adapt to the concept of the climax stage in which is very rare.
Answer:
Price is lower than ; Quantity is higher than Monopolistic Competition
Explanation:
Perfect Competition is a market form with many buyers & sellers, selling homogeneous products at constant prices. Having uniform prices, It has perfectly elastic horizontal demand (Average Revenue) curve, ie = Marginal Revenue curve. Equilibrium price is where MR = MC ; So price = MC. This leads to optimal quantity supplied in market
Monopolistically competitive is market form having many sellers, selling slightly differentiated products, at different prices. Their demand curve (AR curve) is usually downward sloping, lies above the MR curve. Market equilibrium quantity is determined at MR = MC. The corresponding price is determine as per higher demand (AR) curve. Price > MC implies less than optimal quantity supplied in markets
Hence : Broccoli would be lower priced & higher supplied in case of perfect competition market, relatively higher priced & less supplied in case of monopolistic competition market.
Answer:
C) Expense $23,000 for 2018.
Explanation:
Iris owns and operates TV rental outlets, so all the expenses she makes while investigating possible purchases of related businesses (other TV rental outlets) can be deducted from her income. This deductions can be made regardless of whether Iris ended up purchasing the new stores or not.
Answer:
Mortgage life insurance is necessary if you are a homeowner
Explanation: