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.
During these days where almost all things become instant, the drawback that is traded especially in the social realm of the people is the lack of copresence during meetings. Instead of spending time talking about problems and whereabouts, attentions are diverted to social media sites instead.
The girls who have grown up in paternalistic families are more fearful of legal sanctions whereas the boys have more offensive behavior.
<h3>What is the family structure?</h3>
The relatives and members that togetherly form a family are said to have a family structure. They can be a single or nuclear family, joint family, step-family, and many more.
A paternalistic family is the one where the person has influenced another person in a fatherly way against their own will or consent. The males in these families have dominating and offensive nature in comparison to the girls. They do not allow to go outside for working in a job or occupation of their own interest due to which they are not able to get socialized.
Therefore, the girls who belong to the paternalistic family do not get socialized because of legal sanctions, in contrast to the boys who have offending nature.
Learn more about the paternalistic family in provided link:
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Well......
1. Obviously if your born into a family.
2. If you marry into a family.
3. If your adopted.
Hope this helps!