1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
LekaFEV [45]
3 years ago
14

What is one of the primary characteristics od perfectly competitive markets

History
2 answers:
sergiy2304 [10]3 years ago
3 0
A markets structure
...enjoy your day
solong [7]3 years ago
3 0

The correct answer is: "many producers and all are price takers"

Perfect competitive markets are characterized by a large number of producers and each offer the same homogeneous product, this is why they have little bargaining power and they are all price-takers. Tthey cannot influence the market price at which the product is commercialized. They can only decide the amount that they will offer according to their price maximization strategies.

Markets of agricultural products are considered the best example of perfectly competitive markets in the real world.

You might be interested in
During the first month of fighting, how many battles had<br> Gálvez and his troops lost?
marin [14]

Answer:

The correct answer is he has lost 0

Explanation:

"In August 1779, Spain finally declared war on Great Britain and Galvez was free to act openly. He knew that his best chance of success was to strike first by surprise. Within a month, he had captured all four British forts in the lower Mississippi including Baton Rouge and Natchez. He captured 550 enemy soldiers and two naval vessels, one of which was captured from land. . . . He did this all without suffering a single defeat. His success was even more remarkable because a hurricane had sunk his supply ships." In this it states that he never suffered a single defeat.

8 0
3 years ago
What statement best describes the american economy in the late 1920s
horrorfan [7]
That time period was known as the roaring 20s, america was at its best, but the depression started in 1930... so the late 20s economy would be good but starting to fail
4 0
3 years ago
Eruasia is an eras between ?
Alex17521 [72]

it us in areas between europe and asia

8 0
3 years ago
What is systems thinking?(1 point) identifying the different parts of a system describing how the parts of a system work togethe
nikitadnepr [17]

Answer:

Explanation:

This paper proposes a definition of systems thinking for use in a wide variety of disciplines, with particular emphasis on the development and assessment of systems thinking educational efforts. The definition was derived from a review of the systems thinking literature combined with the application of systems thinking to itself. Many different definitions of systems thinking can be found throughout the systems community, but key components of a singular definition can be distilled from the literature. This researcher considered these components both individually and holistically, then proposed a new definition of systems thinking that integrates these components as a system. The definition was tested for fidelity against a System Test and against three widely accepted system archetypes. Systems thinking is widely believed to be critical in handling the complexity facing the world in the coming decades; however, it still resides in the educational margins. In order for this important skill to receive mainstream educational attention, a complete definition is required. Such a definition has not yet been established. This research is an attempt to rectify this deficiency by providing such a definition.

8 0
3 years ago
Read 2 more answers
( One paragraph please) How will you know state hunger is solved ( One paragraph please)
Luba_88 [7]

\huge \tt{QUESTION:}

  • How will you know state hunger is solved

\pink{⊱┈────────────────────┈⊰}

\huge \tt{ANSWER:}

  • The solution to combatting hunger seems simple get food to people in need when they need it. ... When individuals and families have access to food, are educated about nutrition and how to be healthy, and can grow more crops and sell more harvests, they can be self-sufficient and resilient to future crises

❦PHCOUNTRY❦

6 0
2 years ago
Other questions:
  • The image above best represents Mikhail Gorbachev's policy of
    12·2 answers
  • The Pax Romana or Roman Peace was: Select one: a. an occasional reality b. a product of Roman conquest c. a one-sided view d. al
    7·1 answer
  • How did the events of the 1850s lead to the collapse of the Union in 1861
    12·1 answer
  • What was the written agreement created by the Pilgrim men that established the rules and laws for the colony?
    14·1 answer
  • What was the purpose of the universal declaration of human rights in 1948?
    14·1 answer
  • Which combination of Federal Reserve and Congressional actions would be best to fight inflation?
    10·2 answers
  • What led to early villages evolving into complex societies? People specialized in tasks that helped with food production and hun
    11·2 answers
  • Please help ASAP I will give u brainliest and stuff
    15·2 answers
  • What was the first important national labor union in the United States; it aimed to unite all workers, skilled and unskilled; wa
    9·1 answer
  • Review the article, paying special attention to the introduction and to the section "Living and Working in the Snow."
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!