Answer:
The third one and just incase u need to know dark colored surfaces absorb more light.
Julia, Ernesto y Pablo are waiting for it (the bus).) is a correct statement.
<h3>What is the statement about?</h3>
The statement Julia, Ernesto y Pablo están esperándolo is a response to a previously given question which is Julia, Ernesto and Pablo are waiting for him in English.
Julia, Ernesto y Pablo are waiting for it the bus is also known to be the response to the first question and as such the tenses are correct.
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If a perfectly competitive business firm is a price taker, then: A. pressure from competing firms will force acceptance of the prevailing market price.
<h3>What is a perfectly competitive market?</h3>
A perfectly competitive market can be defined as a type of market that is typically characterized by many buyers and sellers of homogeneous products, and there is free entry and exit in the market.
<h3>What is a
price taker?</h3>
A price taker can be defined as a business firm that is operating in a perfectly competitive market and is generally required to take the prevailing market price for its homogeneous product.
In this context, we can infer and logically deduce that pressure from other competing business firms would force acceptance of the prevailing market price when a perfectly competitive business firm is a price taker.
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Complete Question:
If a perfectly competitive firm is a price taker, then
A. pressure from competing firms will force acceptance of the prevailing market price.
B. it must be a relatively small player compared to its competitors in the overall market.
C. it can increase or decrease its output without affecting overall quantity supplied in the market.
D. quality differences will be very perceptible and will play a major role in purchasers' decisions.
