Answer:
D. All of the above.
Explanation:
Their are many reasons why economists study the perfect competition model but we will focus on the options given and it is certified that all of them are the reason for this. Because it is used as a benchmark to compare with other market structures etc.
Firms can enter and leave the market without any restrictions , therefore, there is free entry and exit into and out of the market.
A perfectly competitive firm is known to be a price taker because the pressure of competing firms forces them to accept the prevailing equilibrium price in the market. If a firm in a perfectly competitive market raises the price of its product by so much as a penny, it will lose all of its sales to competitors.
Answer:
Maya astronomer-priests looked to the heavens for guidance. They used observatories, shadow-casting devices, and observations of the horizon to trace the complex motions of the sun, the stars and planets in order to observe, calculate and record this information in their chronicles, or "codices".
Explanation:
The Sons of Liberty were originally formed in Boston as a result of the British passing the Stamp Act of 1765. The organization expanded to include members from other cities and colonies. Their original goal was the repeal of the Stamp Act, but as time went on, their goal changed to Independence.Prominent members included Paul Revere, Thomas Young, Joseph Warren, Alexander McDougall, Patrick Henry, John Hancock, Isaac Sears, John Lamb, James Otis, Thomas Crafts, Jr., John Adams, and his cousin, Samuel Adams
Answer:
Remote relationship.
Explanation:
Distance relationships are found to be complex and vary from family to family. A grandparent who communicates with their grandchildren occasionally and causes may vary from physical distance to emotional separation. This type of relationship is called remote relationship and citing the case of Chuck and Jeri from the question, who never developed a close relationship with their grandchildren because pf physical distance is a classic example of it.
