Answer and Explanation:
The Perfect competition is a market condition in which there are very large number of buyers and sellers that sell the same or identical products having perfect knowledge with respect to products and services. Moreover, there is free entry and exit in this market
Monopolistic competition is a market condition that deals with many firms that are closely related to each other but sell differentiated products. Moreover, there is free entry and exit in this market
In the monopoly market, there is only one seller who controls the overall market. Due to this, the seller charged the high price as there is no competition. There is no free entry and exit in this market
In the oligopoly market, there are few sellers who deal in a single market. There is no free entry and exit in this market
Based on the above explanation, the categorization is shown below:
<u>Scenario Number of Firms Type of Model</u>
<u> Product Market </u>
1. Many Differentiated product Monopolistic
2. Many Standardised products Perfect
Competition
3. Few Differentiated products Oligopoly
4. One Unique Monopoly
The information that is needed in order to be prepared for an emergency:
- Location of lab phone and first aid kit
- Contact information for emergency personnel
- Understanding where to go should an emergency occur
- Location of all exits.
<h3>
What do you mean by emergency?</h3><h3>
</h3>
A sudden, unexpected situation that necessitates taking immediate action is referred to as an emergency. An unexpected illness that requires medical attention is an example of an emergency. A downed power line that needs to be fixed in the middle of the night is an example of an emergency.
Hence, The information that is needed in order to be prepared for an emergency:
- Location of lab phone and first aid kit
- Contact information for emergency personnel
- Understanding where to go should an emergency occur
- Location of all exits.
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Suppose the economy is initially in long-run equilibrium. the fed enacts a policy to the Fed.
The structure or conditions of economic life in a country, region, or era: the economic system. 2a: Economical and Efficient Use of Material Resources: Thrifty Spending: Example or Means of Savings: Savings.
The economy is defined as the management of financial affairs in a community, business, or family. An example in economics is the US stock market system. Careful use of assets, resources, etc. Reduce waste through careful planning and use. economical or frugal use.
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Answer:
b) not likely to have jurisdiction over the case because QuickAds is based in Georgia.
Explanation:
The Alabama court only has jurisdiction in actions that were performed within the boundary of the state of Alabama. Although David is a resident of Alabama, his law suit is likely due to actions carried out in Georgia where QuickAds the internet company is based.
Also QuickAds only contact with persons in Alabama has been through QuickAds passive advertising.
In this scenario the case can be tried in federal court because it can handle cases across state borders.
Answer:
Large box weighs 18 kg and small boxes weighs 6.5 kg.
Explanation:
From source, the correct question is:
Delivery of 5 large boxes and 2 small boxes has a total weight of 103 kilograms.
Delivery of 3 large boxes and 8 small boxes has a total weight of 106 kilograms.
Let the weigh of large box = x
The weigh for the small box = y
So,
5 x + 2 y = 103 - -----1
3 x + 8 y = 106 - -----2
Solving,
2y = 103 - 5 x
Applying in 2 as:
3 x + 4*(103 - 5 x) = 106
x = 18 kg
y = 6.5 kg
<u>Thus, Large box weighs 18 kg and small boxes weighs 6.5 kg.</u>