The perfect competition is an economic model where the free market regulates itself, that is, there is no state intervention. It is a system where there are many companies and consumers, and where the interaction between supply and demand determines the price. In this model, there is free entry and exit of firms and for the sake of conceptual simplification, firms sell homogeneous products.
<em>"In a perfect competition, there are </em><em>many</em><em> buyers and sellers of products, </em><em>homogeneus</em><em> and there is </em><em>free</em><em> entry and exit in the market".</em>
Answer:
Check the explanation
Explanation:
Although the legal purchase age is from the age of 21 years, most of college students under this age drinks alcohol but in a reckless irresponsible way. This happens because the consumption of alcohol by these youth is perceived as an enticing "forbidden fruit," or a "badge of rebellion against authority" and a sign of "adulthood." Despite several efforts by the nation’s legislative arm in prohibiting the abuse of alcohol thereby controlling irresponsible drinking problems.
Answer:
the work that has done in past
The correct choice is D.
The yearly folding of the Nile River deposited a layer of black silt that was ideal for farming.
The Egyptians referred to this as the Black Land.
Answer:
The voyage lasted for almost a year, ending in Georgia in 1776.
Explanation:
The statement that best describes the first voyage to bring settlers to the new colony is option C The voyage lasted for almost a year, ending in Georgia in 1776.
The voyage which brought the settlers to the new colony was a very long one which was almost fifty two weeks long but finally came to an end in 1776