Answer:
In a perfectly competitive market, J&P Company would be too small to have any influence in the price or output or the market. In other words, J&P Company would have no market power whatsoever.
Explanation:
For this reason, both price and output would be determined by exogenous variables to the company, namely, the forces of supply and demand, which in perfect competition can work without any interference, meaning that they produce the best outcome for society as a whole.
Demand is determined by consumers' willingness to pay, while supply is determined by marginal production costs. The point where supply and demand meet is the equilibrium price, at which supply and demand are equal.
Answer:
chicken nuggets are the best chicken nuggets take your stress chicken nuggets are 3 dollars chicken nuggets are for ballers
Explanation:
Answer:
The 2020 Republican National Convention was a presidential nominating convention in which delegates of the United States Republican Party selected the party's nominees for president and vice president in the 2020 United States presidential election, held from August 24 to 27, 2020.
The answer is fundamental attribution error. This is our inclination to clarify somebody's conduct in light of interior elements, for example, identity or air, and to think little of the impact that outside elements, for example, situational impacts, have on someone else's conduct.