The following are attributes of only a competitive market:
price taker
identical products
The following is not an attribute of either markets: few sellers
The following is an attribute of both markets: price is equal to marginal cost
<h3>What is a
competitive market?</h3>
A competitive market is characterized by many buyers and sellers of identical goods and services. Market prices are set by the forces of demand and supply. So, buyers and sellers are price takers There are no barriers to entry or exit of firms into the industry.
<h3>What is a monopolistically competitive market?</h3>
A monopolistic competition is when there are many firms selling differentiated products in an industry. The demand curve is downward sloping. it sets the price for its goods and services.
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Newton’s first law of motion states that ever object will remain at rest or in uniform motion in a straight line unless compelled to change its state by the action of an external force is the definition of Newton’s first law of motion
Looking at cash flow an important step in a good financial plan due to the following reasons:
- To determine areas in business that needs scaling back on spending.
- To monitor the amount of money being received.
<h3>What is a
cash inflow?</h3>
A cash inflow can be defined as an amount of money that flows into a business firm.
<h3>What is a statement of cash flows?</h3>
A statement of cash flows is also referred to as cash flow statement and it can be defined as a financial statement which illustrate how changes in income and various account of the balance sheet affect cash and other cash equivalents.
As a general rule in business management, looking at cash flow an important step in a good financial plan due to the following reasons:
- To determine areas in business that needs scaling back on spending.
- To monitor the amount of money being received.
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The expression
is a product expression
The denominator of the simplified fraction is 3n -2
<h3>How to determine the denominator?</h3>
The expression is given as;

Divide the first fraction by 2/2

Evaluate the above product

The above fraction is a simplified fraction of
, and the denominator is 3n - 2
Hence, the denominator of the simplified fraction is 3n -2
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The juxtaposition of adjectives (""and in. . . Shining"") creates a sensory impression of darkness with an interval of light.
<h3>What is an Adjective?</h3>
This is a word which is used to describe a noun. Since we were told that shining occurred then light was involved.
The most appropriate choice in this context is a sensory impression of darkness with an interval of light.
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