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
Semmy [17]
3 years ago
8

What is an example of perfect competition explained? Can someone please respond I am super confused:/

Social Studies
2 answers:
vovikov84 [41]3 years ago
8 0

Answer:

Perfect competition is a market structure where many firms offer a homogeneous product. Because there is freedom of entry and exit and perfect information, firms will make normal profits and prices will be kept low by competitive pressures.

Ex; Agricultural markets are examples of nearly perfect competition

elena-14-01-66 [18.8K]3 years ago
7 0

Answer:

Perfect competition is a market structure where many firms offer the same product. An example of perfect competition is the Agricultural market. There are several farmers selling the same products to the market, and many buyers. At the market, it is simple to compare prices of products. Ergo, agricultural markets often get close to perfect competition.

Explanation:

You might be interested in
Valerie is explaining to Mark how to multiply. "Five times three means you take three groups that each has five things in it. Wh
Alex Ar [27]

Answer:

The answer is metacognition.

Explanation:

In simple words, metacognition is the process of thinking about the way we think. This can occur when we reflect on our feelings, or when we find the most effective way for us to learn.

When a child learns about multiplications, metacognition occurs after he/she understands the meaning of the concept (some children see it as adding the same number mutiple times).

8 0
3 years ago
What were the risks associated with writing and signing the declaration of independence?
ZanzabumX [31]
If they had lost the war, they would have been tried and executed for treason against the crown of Britain with their signatures on the Declaration as proof<span />
3 0
3 years ago
What Native American nation did the Bear, Turtle, and Wolf Clans make up? (Marking brainliest for whoever awnsers correctly:D)
Alex Ar [27]

Answer:

The Oneida Nation

Explanation:

What were the names of the 3 clans in the Oneida nation?

The Mohawk and the Oneida people each had three clans; the turtle, the wolf, and the bear.

I hope this is ok

6 0
2 years ago
Read 2 more answers
What is another word for a regular series of actions
nordsb [41]

Another word to describe regular series of actions is "process".

Process - a series of actions or steps taken in order to achieve a particular end.

Some examples of processes are: manufacturing – a product assembly process, finance – an invoicing process, a risk management process.

4 0
3 years ago
Which of the following is no longer allowed in the Atlantic Provinces?
sdas [7]
<span>Cod fishing is no longer allowed in the Atlantic Provinces, if your other options are fishing, aquaculture, and fish processing. Due to the fact that the population of cod has drastically decreased, it is now forbidden to fish cod in these areas. Other fish can still be fished, but not cod. Also, aquaculture refers to various species of fish and plants in the waters, so that cannot be forbidden. And there is no reason to forbid fish processing, it just means to clean the fish so that it can be sold to people and eaten.</span>
6 0
3 years ago
Other questions:
  • A drop in pitch as a vehicle passes is known as the ______ effect.
    9·1 answer
  • Gardner's theory of multiple intelligences divides intelligence into ________ independent abilities. three five seven nine
    12·1 answer
  • PLEASE HELP QUICK I NEED THIS DONE TODAY!! What do the dreams and visions remind Anne?
    6·2 answers
  • Countries that start with d
    7·2 answers
  • Do you think the police had probable cause to arrest Richie? Explain
    12·1 answer
  • John Marshall's rulings upheld a defense of property rights against public pressure in A) McCulloch v. Maryland. B) Marbury v. M
    9·1 answer
  • what makes the sides of the river taller to prevent flood damage? what helps control the flow of water from major rivers? what i
    10·1 answer
  • Rachel is very satisfied with her life; she is happy in her relationship with her girlfriend, and seems very competent when inte
    11·1 answer
  • What advantages did the Greeks soldiers have over the persians soldiers?
    5·2 answers
  • Give one reason why beef prices eventually fell.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!