Answer:
A firm is a price taker BECAUSE other firms can dive into the market with ease and manufacture a product that is not so different from every other firm's product. With this, it will not be easy for any firm to set their own prices.
Explanation: A trade that do not affect the price of a commodity if he or she buys or sells shares is called a PRICE TAKER.
Firms in perfectly competition market are price takers because as soon as the equilibrium price is set for a commodity, firms must accept.
Agriculture is an example of a perfect competition since each farmers have no control on the market price .
Also, financial assets like stocks and bonds is a good example too
Answer: B. 20 hours
Explanation:
the first offence is a class c misdemeanor and usually is 20-40 hours of community service given
<u>Complete Question:</u>
What was Mario Cuomo, the then New York State governor, referring to when he said: "No foreign people or force has ever done this to us. Until now, we felt invulnerable"
.
a. 9-11 attacks on World Trade Center New York.
b. 1993 bomb exploding in basement of World Trade Center.
c. Oklahoma City bombing.
d. 1998 bombing of U.S. embassies in Africa.
<u>Correct Option:</u>
Mario Cuomo was referring to "1993 bomb exploding in basement of World Trade Center".
<u>Option: B</u>
<u>Explanation:</u>
Mario Cuomo represented as the 52nd Governor of New York, from 1983 to 1994. A terrorist bomb detonated in the World Trade Center's parking garage in New York City on 26 February 1993, generating a depression of 60 feet deep and triggering the destruction of several steel-reinforced concrete levels in the area of the explosion. There were six people killed and more than 1,000 wounded. The World Trade Center itself sustained damage worth more than $500 million.
