the likely reasons that the market for dress shirts is not perfectly competitive are<u> dress shirts are not a standardized (homogeneous) product.</u>
<h3>
What is being perfectly competitive?</h3>
A perfectly competitive market, often referred to as an atomistic market, is defined by multiple idealizing criteria, which are together referred to as perfectly competitive, or atomistic competition, in general equilibrium theory.
It has been shown in theoretical models with perfectly competitive that a market will find equilibrium when the amount supplied for each good or service, including labor, equals the amount sought at the current price.
A Pareto optimal equilibrium would be this one. Perfectly competitive marketplaces are not always productively efficient in the short run because the output does not always occur where marginal cost and average cost are equal.
Long-term productive efficiency, however, comes about as new businesses enter the sector. Price and cost are lowered to the minimum of long-term average costs due to competition.
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Answer:
Explanation:
The purpose of expansionary fiscal policy is to boost growth to a healthy economic level, which is needed during the contractionary phase of the business cycle. The government wants to reduce unemployment, increase consumer demand, and avoid a recession.
runs a budget surplus, it is said to be engaging in a fiscal contraction, slowing economic activity. The government can use fiscal stimulus to spur economic activity by the economy is in recession, as it lessens the negative impacts of an expansionary fiscal policy tend to partly offset its stimulative effects.
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As head of state of the U.S. Government meaning the president is the highest ranking member of government he or she represents the United States as the chief diplomat in interactions with other countries. Also given his constitutional powers he or she is also the commander in chief meaning they are in charge of the military with fits with their overall position as head of the executive branch of the U.S. Government.
To meet all the needs of a child, experts believe that early childhood education programs should focus on both cognitive development and socio-emotional development.
<h3>
What is socio-emotional development?</h3>
- Social-emotional development includes the child's emotional experience, expression, and regulation, as well as the ability to form healthy and rewarding interactions with others.
- It includes both internal and external processes.
- Self-awareness, self-management, social awareness, relational skills, and responsible decision-making are the five core competencies involved in social and emotional learning in schools.
- These skills are viewed as the foundation upon which all other relational skills can be built.
- Here are some instances of social-emotional abilities in use: recognizing sadness in others and inquiring if they are okay.
- Expressing oneself differently with your friends than with your parents understanding your own thoughts and feelings, as well as the ability to relate to others.
Therefore, to meet all the needs of a child, experts believe that early childhood education programs should focus on both cognitive development and socio-emotional development.
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The correct question is given below:
To meet all the needs of a child, experts believe that early childhood education programs should focus on both cognitive development and _________ development.
If I’m wrong please correct me. I think it’s Ashland ?