Perfect competition is the simplest market structure, where the market is assumed to be in equilibrium and that all sellers sell the same product at the same price. The four conditions for perfect competition are:
1. There are many buyers and sellers in the market so that no one individual or seller can influence the price of the products, goods, and services.
2. Identical products are offered by the sellers
3. Both the buyers and the sellers are well-informed about the products and want to maximize profit.
4. Entry and exit to and from the market can be done freely by the sellers and buyers.
There is no market which displays 100% perfect competition. However, markets exhibiting nearly perfect competition do exist. These include street food vending and agricultural markets.
<span>The correct answer is Can see the front of the vehicle in your rear view mirror. It can be daunting to overtake especially when you are behind a car that is moving slowly. It is therefore vital to ensure that you can see the car in your rear view mirror so that you are able to return to the driving lane.</span>
Answer:
D. shield
Explanation:
A. is not the right answer. Cinder cone volcanoes are the simplest forms of volcanos, on the steeping hill. Lava erupts violently from them.
B. is not the correct answer. A composite volcano is in the shape of a cone and builds up by various layers of hardness lava and ash.
C. is not the right answer. Caldera is made after a large volcano erupts and crashes, and leaves the depression looking like a shallow hole in the ground.
<u>D. is the right answer. Shield volcanos are low, broad, and shallow. They are almost entirely made up of fluid lava flows, and their eruptions are not as aggressive as other kinds of volcanos have.</u> As the lava they make is fluid, it travels further and makes a steady accumulation to the top of the opening. The name shield volcano comes from the resemblance to the warrior shield, circular and with gentle rising at the center.
The answers are letter A and C.
<span>Nile River is the main source of water in Egypt.
People would often get their water from the river. The flooding of the Nile River
had also brought upon the fertile soils of the land. Their lands were abundant
with crops because of its soil.</span>
In August 1786, Revolutionary War veteran Daniel Shays led an armed rebellion in ... policies and political corruption of the Massachusetts state legislature. ... Popular uprisings like Shays's rebellion raised the urgent question of whether .