The correct answer to this open question is the following.
The condition that these lines from a Rolling Stones popular song refer to is "scarcity."
This is the chorus of the world-famous song "You can't always get what you want," written by Keith Richards and Mick Jagger, guitar player and singer from the British rock band The Rolling Stones.
The condition is scarcity because when you can't always get what you want, it means that there is no abundance about the things you are looking for. So people have to conform and accept the idea that instead of what they want, oftentimes they might find that they get only what they need. Life is not always fair.
Answer:
This was the basis of the locus-of-control scale proposed by Rotter in 1966, although it was based on Rotter's belief that locus of control is a single construct.
Explanation:
It’s got to be a because it’s right
Answer:
Option “A” Increase, output to increase, price to decrease, and profits to decrease.
Explanation:
Option A is the correct answer because the purely competitive industry is the one in which there are free entry and exit of firms. Generally, firms enter when there is economic profit in the industry. In this way, the economic profit of the industry will attract new firms to enter the industry. Accordingly, new firms will enter the industry. As a result of the entry of new firms in the market, the supply of goods and services (industry supply) will increase which will result in a decrease in the prices of the commodity. This decrease in price will result in lower profit.
