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
What mett-tc factor is at the root of the question: do i remember the training i received about what to do when encountering une
Murrr4er [49]
TERRAIN (OCOKA) or Recognition. ITEM 4. If there is sufficient time, a personal recognition must be made for the analysis of the terrain, adjusting the plan according to what is found, confirming the possibility of using the routes and the time it takes to carry out the emergency movements, otherwise you can do a reconnaissance using a map. At this point, explosive instruments must be recognized and deactivated.
8 0
3 years ago
Suppose the mutation rate per nucleotide in a type of fly is about 10 in a billion, that there are 300 million nucleotides in th
Neporo4naja [7]

Answer: 240 million

Suppose the mutation rate per nucleotide in a type of fly is about 10 in a billion, that there are 300 million nucleotides in the haploid genome, and that the population size is 40 million. In this case, in every generation about <u>240 million</u> new mutations will appear in each individual on average.

5 0
3 years ago
What is the relation between raw materials and productions?
amid [387]

Answer: The raw material is directly related to production.

Explanation:

The relationship between raw material and production is unbreakable. The raw material is unprocessed, for example, natural material, further forwarded for processing or production. As an example, we can take wood for furniture production. Wood is a raw material that is further sent to production to make furniture. Distribution refers to the choice of sales channel for products to be marketed or distributed from manufacturers to end customers.

3 0
3 years ago
Identify ways to develop appropriate lesson plans that incorporate history curriculum and instructional strategies with individu
Serjik [45]
Just look at the stuff. See what you got. Think about it. Decided what one is right. And doubt yourself then choose that one again. And you’ll get it correct. NEVER DOUBT YOURSELF!!!
4 0
3 years ago
Siegfried and roy have been friends for many years. in the past few months, however, they seem to have less in common, and roy h
son4ous [18]

Siegfried and Roy have been friends for many years, but in the past few months, they seem to have less in common, and Roy has been thinking more about hanging out with a potential new friend means that Siegfried and Roy appear to be in the deterioration stage of friendship development. The bond that Siegfried-Roy relationship once had weakens, because of the individuals (or both of them) has changed.

8 0
3 years ago
Read 2 more answers
Other questions:
  • Dorothy was born during the great depression. within the context of the ecological-systems approach, dorothy's experience of gro
    8·1 answer
  • Ms. Leverett has adopted a new approach for teaching students to develop persuasive arguments. She models the process, coaches s
    7·1 answer
  • Why were philosophers the celebrities of<br> their day
    14·1 answer
  • John is a customer service employee at a small bakery. He notices a customer deliberating the chocolate chip or sugar cookies. I
    13·1 answer
  • Situation i andrew loves to go camping and hiking in the fall. about two weeks after his last camping trip, he noticed an expand
    10·1 answer
  • Congress's ability to print money is an example of
    13·1 answer
  • African Americans served in the navy, and others served as _______________. a. spies c. fife players and drummers b. guides d. a
    14·2 answers
  • Mr. Brown was admitted to the hospital with severe chest pains. During his encounter he underwent a coronary artery bypass proce
    12·1 answer
  • Who was the first Chinese emperor?
    14·1 answer
  • Which of the following statements is true?
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!