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.
The correct answer to this open question is the following.
Congressman has to respond to the Big Pizza Lobby taking these considerations in mind.
Congressman has to realize the impact of the presence of this big "company" in the market. Not only for other industries that cannot compete with this huge company but the impact it has on consumers.
The congressman would propose the kind of bill that benefits free trade, competence, and benefits consumers in a free market.
The big company is not going to stay "arms-folded." The company is going to hire lobbyists to negotiate with congressmen in order to promote its particular agendas and personal interests.
Of course, the big company wants to change the rules against it, and modify them to facilitate their interests. The negotiations can make legislators doubt or rethink a regulation. That is when Congressman has to think to support the interests of citizens, who were the ones who took him/her to office in the elections. So congressmen serve the people, not large companies.
Answer:
Nat King Cole
Explanation:
Before hosting his own show, Nat King Cole was a jazz superstar who sold million copies of his album around the world.
Due to his popularity, he eventually given his own Network Radio Show by NBC in 1956 called The Nat King Cole Show. At that time , this move was considered very controversial since all tv hosts in American TV at that time were exclusively whites.
This make it really hard for NBC to obtain sponsor for the show. But due to the overwhelming support form the people, they eventually managed to secure several national sponsors and it eventually become one of the top rated shows in united states.
It depends do you want to be a strictly equine vet or all around large animal vet?
Answer:
Queen Anne's War was a conflict between England, Spain, Portugal, Savoy and France in North America during the early 18th century.
Explanation:
