Brainiest of the brainiest brains.
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.
I believe the answer is: polygyny
polygyny refers to a form of poligamy in which one male have more than one female partner/mates.
From all forms of poligamy, polygyny is the most common to be found in the world, especially in middle eastern countries.
1. She buys the t-shirt for $8 instead of ordering juice at lunch.
2. She will give up on the T-shirt for better jeans.
Answer:
The answer is false there were more poor people than rich
