D-residency in a hospital This is required to build your resume as a doctor and gives you a chance to see what the real world of medical work is like outside of a classroom.
<span>One of the young and
successful entrepreneur Mubarak Muyika of Kenya. AT age 20 years old, he
founded Zagace Limited is a software helping companies evaluate their
inventory: accounting, payroll, stock management, marketing, etc. Next is Bheki
Kunene of South Africa. AT age 27, he founded Mind Trix Media providing jobs
and a profit.</span>
<u>The government has granted the U.S. Postal Service the exclusive right to deliver mail. </u>It is not a competitive market. This situation implies that there is a unique seller, which violates the first assumption made (many buyers and sellers), and because of it the U.S Postal Service is not price taking (it can influence on prices).
<u>There are hundreds of high school students in need of algebra tutoring services in Miami. Dozens of companies offer tutoring services, and the parents who seek out tutors view the quality of the tutoring at the different companies to be largely the same</u>. It is a competitive market. There are many sellers and many buyers (students' parents) which in practice implies that all of them are price takers. The quality of classes is the same for all companies which implies that the product is homogeneous (identical product), and if tutoring companies can entry or leave the market freely if when convenient (because there is not a law that prohibits entry for example, and if there is more profitable for them they just can go to work to others states of the country), <u>all conditions are fulfilled</u>.
<u>A few major airlines account for the vast majority of air travel. Consumers view all airlines as providing basically the same service and will shop around for the lowest price.</u> It is not a competitive market. There are many buyers, but not many sellers, wich implies that companies can collude (agree on higher prices for example). Because of the magnitude of investment related to airline industries, resources are not fully mobile: it is expensive to enter and to exit this market, and that generates a natural barrier to the third principle anounced in the statement.
<u>There are hundreds of colleges that serve millions of students each year. The colleges vary by location, size, and educational quality, which enables students with diverse preferences to find schools that match their needs. </u>It is not a competitive market. The product that is commercialized is not identical (education varies by location, size, quality, etc), which means that the service is not homogeneous, therefore, one of the conditions needed is not accomplished.
In order to get a certification from automobile service excellence to become an automotive appraiser, you need a college degree. This will make your appraisal result more trustworthy for the consumers.
The effect this might have on the market : it will prevent any undersell or oversell used or damaged automotive products to be sold in the market
