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Marta_Voda [28]
2 years ago
6

The market demand curve for a firm operating under perfect competition is

Social Studies
2 answers:
Masteriza [31]2 years ago
8 0

The market demand curve for a firm operating under perfect competition is a horizontal line equal to the equilibrium price of the whole market.

leva [86]2 years ago
6 0

In a perfectly competitive market the market demand curve is a downward sloping line, reflecting the fact that as the price of an ordinary good increases

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Why do goverments often regulate buisness in a capitalist society
ella [17]

Answer:

To prevent monopolies and oligopolies in economies.

Explanation:

Monopolies are organizations that have almost entire control of markets. <em>If I ran a monopolistic oil company in the US, I could in theory control the cost of oil by raising it higher/lower than any competitor and charge lots of households many more had there been competition.</em>

Oligopolies are organizations that work together to cut out competition, with the exception of the corporate ally. <em>If my buddy and I ran an oligopoly on oil, we would have control of the entire market together and control the costs of oil, in theory.</em>

Hope that helps, best of luck!

5 0
3 years ago
______ is cultural characteristics that define people and ______ is people who are grouped due to their inherited physical trait
sergejj [24]

Answer:

-culture

race

Explanation:

because culture is characteristic and Knwledge of a particular group

race is refers to a group whose inherited physical characteristics distinguish it from other group

7 0
3 years ago
Even though the United States had just had its own revolution to overturn a colonial power it did not support the revolution in
aev [14]
Well, for one, Haiti really didn't have anything to offer the United States. No territory. Nothing to trade. Nothing really. But also, the idea of Africans rising up against an oppressive white government and overthrowing them made the United States very nervous, especially since we, at the time, had institutionalized slavery and a culture that was very much steeped in racism. Basically, we were afraid that if we supported the revolution in Haiti, it would encourage our own slaves to revolt against Southern slaveholders.
8 0
3 years ago
In Georgia, the agricultural industry has a greater economic impact than any other industry. However, unemployment is consistent
lozanna [386]

Answer:

Explanation:

As of 2017 only about 42,000 farms remained in Georgia, and less than 10 percent of Georgia’s citizens worked in agriculture or forestry. Slightly more than 9.9 million acres are classified as farmland, with an average farm size of 235 acres. Nearly half of all Georgia farms made less than $2,500 in 2017, while 15 percent made more than $100,000.

8 0
11 months ago
Bonnie has been feeling extremely sad for the last two months. she has difficulty getting out of bed to face the day and has los
iogann1982 [59]

Based on the scenario above, Bonnie is likely to be suffering from major depressive disorder. This is classified as a depression in which is a mental disorder—the individual who has this is likely to experience low mood, low energy and to lose interest in activities that he or she is used to or normally does in which Bonnie is likely to be engaging in.

5 0
3 years ago
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