the likely reasons that the market for dress shirts is not perfectly competitive are<u> dress shirts are not a standardized (homogeneous) product.</u>
<h3>
What is being perfectly competitive?</h3>
A perfectly competitive market, often referred to as an atomistic market, is defined by multiple idealizing criteria, which are together referred to as perfectly competitive, or atomistic competition, in general equilibrium theory.
It has been shown in theoretical models with perfectly competitive that a market will find equilibrium when the amount supplied for each good or service, including labor, equals the amount sought at the current price.
A Pareto optimal equilibrium would be this one. Perfectly competitive marketplaces are not always productively efficient in the short run because the output does not always occur where marginal cost and average cost are equal.
Long-term productive efficiency, however, comes about as new businesses enter the sector. Price and cost are lowered to the minimum of long-term average costs due to competition.
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1 ly is a distance, defined as the distance travelled by light in a year. hence 2.5 mn lys away means it takes 2.5mn years for light to reach earth b/c light travels a distance of 1 light year in a year
The Civil Rights policy that occurred during President Kennedy's term of office is the beginning of the affirmative action. President Kennedy presented and was first introduced affirmation action which was a method of redressing discrimination despite of the civil laws and constitutional guarantees.
The answer would be letter D.
<span>Many Cuban support their government because during the
Batista Regime that governed Cuba was supported the American Government. During this period, many people were
persecuted and killed. Apart from that,
the Americans also controlled most of the businesses in Cuba. Those who spoke out against Batista were silenced
and many Cubans were now rallying against him.
He was overthrown in a revolution by Fidel Castro. Many still remember the atrocities that were
committed by Batista and they also resented the support the Americans gave to
his administration. Also Fidel Castro implemented many programs for the masses. </span>
Answer:
Explanation:
His publication, "Spirit of the Laws," is considered one of the great works in the history of political theory and jurisprudence and under his model, the political authority of the state is divided into legislative, executive and judicial powers.
<h2>have a nice day!</h2>
