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.
Mercantilism is a national economic policy that is designed to maximize the exports of a nation. Mercantilism was dominant in modernized parts of Europe from the 16th to the 18th centuries before falling into decline. So a mercantile country is strengthened by a strong economy and having a more exports than imports.
Hope this helps! :)
Your answer is a colony. Hope this helped
Answer:
Powers does the Louisiana constitution give to local government check all that apply is explained below in details.
Explanation:
The government by law may authorize and establish new territories, terminate and ... No district or specific law shall constitute a municipal corporation or change, transform, ... If its charter grants, each of them also shall have the liberty to powers and ... would have financial influence upon the region and thereby the state.
<span>The statement that "Your poor planning led to this debacle" is an example of external attribution is false.
</span>External attribution<span> refers to inferring that situational factors are the cause of an event or behavior.
</span>Poor planing is not a situational factor, but a factor that can be influenced.