Perfect competition is the type of market structure is the demand curve the same as marginal revenue.
A market structure where all suppliers are equal and overall supply and demand are in equilibrium is referred to as perfect competition in economics. Perfect competition exists, for instance, when multiple companies are producing a commodity and no one company has a competitive edge over the others.
Perfect competition is characterized by three key factors:
(1) the absence of any significant market dominance;
(2) standardization of industry output;
(3) freedom of entry and exit.
The demand curve of a firm that is perfectly competitive is horizontal at the market price. As a result, every unit sold will result in it receiving the same price. The difference in total revenue from selling one is the firm's marginal revenue.
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The coupons paid by municipal bonds are exempt from federal income tax and from state tax in many states. Therefore, the higher the tax bracket that the investor is in, the more valuable the tax-exempt feature to the investor.
Answer:
that you are a good leader and can lead people to victory
Explanation:
36000/12=3000
so 3000 a month he makes.
3000-405=2,595
405x12= 4860
