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 human brain does not fully develop until age 25. A person's emotional maturity, self-image, and judgement are affected as these traits are linked to development of the prefrontal cortex. As a result, adolescents require guidance until reaching maturity.</span>
Confucius meant, when he advised people to think of themselves when they saw a criminal or a greedy person, to treat others how you would like to be treated. Also to think of how you would feel in the criminal or greedy person’s situation.
Your current exam mean is 95. if you receive a 95 on the next exam, your mean cannot be determined.
<h3>What is meant by the mean?</h3>
This is the term that is used to refer to the average set of values in a given dataset. The mean is the average that is calculated in the data set. The mean can be gotten when you add all of the values and then divide it through by the total number of values in the data set.
Hence we cans say that your current exam mean is 95. if you receive a 95 on the next exam, your mean cannot be determined.
Read more about mean here: brainly.com/question/1136789
#SPJ1
compete question
If your current exam mean is 95, and you receive a 95 on the next exam, how is your mean affected?
A It is decreased.
B It is unchanged.
C It is increased.
D It cannot be determined.
Answer:
i think its C. Laws protecting natural resources
Explanation:
I THINK