One assumption of the perfectly competitive model is free entry and exit. this assumption most directly leads to the implication that positive economic profit is only possible in the short run.
Profit is the difference between the return an economic agent earns from its output and the opportunity cost of its input. It equals total revenue minus total costs (including explicit and implicit costs).
Economic profit or loss is the difference between the revenue from the sale of output and the cost and opportunity cost of all inputs used. Opportunity cost and explicit cost are subtracted from earned revenue when calculating economic profit.
Learn more about economic profit here: brainly.com/question/24477585
#SPJ4
Giving a student a reward is an example of extrinsic motivation.
<h3>Extrinsic motivation: what is it?</h3>
Extrinsic motivation refers to driving behavior with rewards or other incentives, such as adulation, fame, or money. It is driven by outside factors, unlike inner motivation, and might be less successful in long-term behavior change.
<h3>What are some examples of extrinsic motivation?</h3>
Extrinsic motivation is the term used to describe when someone feels compelled to do something in order to gain praise or avoid criticism.For instance, people might anticipate receiving cash, presents, or praise.
To know more about extrinsic motivation visit:
brainly.com/question/1658150
#SPJ4
<span>he satellites help provide buffer for the soviet union because they can track which invader is coming toward their border or see if any bombs are heading toward the nation of the soviet union </span>
Answer: Your values are the things that you believe are important in the way you live and work.
They (should) determine your priorities, and, deep down, they're probably the measures you use to tell if your life is turning out the way you want it to.
Explanation: When the things that you do and the way you behave match your values, life is usually good – you're satisfied and content. But when these don't align with your personal values, that's when things feel... wrong. This can be a real source of unhappiness.
This is why making a conscious effort to identify your values is so important.
