<u>Answer:</u>
The McElveen’s purpose for writing the letter was to inform Oakes that he had bought for him a new slave named Isaac who is a young and brilliant boy and also to tell him about his other affairs in the future.
<u>Explanation:</u>
- In the letter written by A. J. McElveen to Ziba Oakes, McElveen speaks particularly about the trade of slaves.
- He tries to praise the new slave that he has bought for Mr. Oakes for $11.
- He tells about his upcoming engagements at various places that he’s going to participate in for the purpose of getting more slaves for trading.
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.
The answer would be art....if wrong I really don't know cause I put art and got it right hope it helped you but have a great day..!!!
What is necessary for contact hypothesis to work?
A: Training for leaders
B: An emergency situation
<u>C: Equal status of the groups
</u>
D: Bonding between the groups
Answer:
Para ka mag own nang organisasyon, kailangan meron kang CAPITAL ( money ). It depends on kung profitable or non profitable yung orginasyon mo. Pero, kapag your in mid rich, kahit meron kang non profitable orginsasyon okay lang kasi mid level of the rich ka.
