the likely reasons that the market for dress shirts is not perfectly competitive are<u> dress shirts are not a standardized (homogeneous) product.</u>
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What is being perfectly competitive?</h3>
A perfectly competitive market, often referred to as an atomistic market, is defined by multiple idealizing criteria, which are together referred to as perfectly competitive, or atomistic competition, in general equilibrium theory.
It has been shown in theoretical models with perfectly competitive that a market will find equilibrium when the amount supplied for each good or service, including labor, equals the amount sought at the current price.
A Pareto optimal equilibrium would be this one. Perfectly competitive marketplaces are not always productively efficient in the short run because the output does not always occur where marginal cost and average cost are equal.
Long-term productive efficiency, however, comes about as new businesses enter the sector. Price and cost are lowered to the minimum of long-term average costs due to competition.
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The answer to this question is Longintudinal
Longintudinal research design is a tyoe of ressearch design that involved asking repetitive observations over same variables.
In a lot of cases, longintudinal research could take more than 10 years since the process is really long and repetitive.
The Bahamas! Good luck <3
I believe the answer is: <span>or when crime control efforts in one locale reduce crime in other nontarget areas.
One example of this is when police reduced the crime rate on banking area because they allocate their resources to reduce car theft, (bank robbers tend to do their crimes with stolen cars)
This situation happen when police forces tried to determine their polices allocation to several places in city in order to obtain maximum efficiency.</span>
