Answer:
D. All of the above.
Explanation:
Their are many reasons why economists study the perfect competition model but we will focus on the options given and it is certified that all of them are the reason for this. Because it is used as a benchmark to compare with other market structures etc.
Firms can enter and leave the market without any restrictions , therefore, there is free entry and exit into and out of the market.
A perfectly competitive firm is known to be a price taker because the pressure of competing firms forces them to accept the prevailing equilibrium price in the market. If a firm in a perfectly competitive market raises the price of its product by so much as a penny, it will lose all of its sales to competitors.
<span>People's life has no intrinsic meaning. We're meat sacks floating on a rock being hurled through space. We created religion to worship a higher power which may or may NOT exist</span>
Answer:
that within two generations, most European immigrants became part of the racial majority.
Explanation:
The "melting pot" metaphor is most popularly used in the context of the United States. It simply refers to the assimilation of immigrants in the common culture of the United States. However, it is a universal phenomenon and applied where the elements of heterogeneous society melt together in a whole to emerge as more homogeneous. Today the crises of the Middle East have led many refugees to assimilate in the culture of different nations.
Answer:
2 years 11 months and 8 days
Answer:
Electrodialysis is a membrane-based process involving transport of ions through semipermeable membranes using an applied electric field. The applications employing electrodialysis include desalination, table salt production, wine stabilization, whey demineralization, and pickling bath recovery.
Explanation:
