Perfect competition is the simplest market structure, where the market is assumed to be in equilibrium and that all sellers sell the same product at the same price. The four conditions for perfect competition are:
1. There are many buyers and sellers in the market so that no one individual or seller can influence the price of the products, goods, and services.
2. Identical products are offered by the sellers
3. Both the buyers and the sellers are well-informed about the products and want to maximize profit.
4. Entry and exit to and from the market can be done freely by the sellers and buyers.
There is no market which displays 100% perfect competition. However, markets exhibiting nearly perfect competition do exist. These include street food vending and agricultural markets.
Answer: From google lol
Explanation: A) It provided grants that enabled people to pay for college- This perk of the GI Bill helped thousands of veterans from World War II to afford college. This resulted in a significant increase in the amount of citizens who were college educated. D) It offered unemployment benefits.
idk if this helps, hope it does.
Team member activities that correspond directly to accomplishing the team's work are referred to as Taskwork process.
- here Taskwork processes are a category of teamwork processes and they encompass all the activities of team members that relate directly to the accomplishments of team tasks.
- Another type of taskwork processes are the decisions teams must make during their project life-cycle.
- where as Teamwork processes are operationalized as “members' interdependent acts that convert inputs to outcomes through cognitive, verbal, and behavioral activities directed toward organizing taskwork to achieve collective goals”
Teamwork consists of behaviors that are related to team member interactions and are necessary to establish coordination among individual team members in order to achieve team goals whereas taskwork consists of behaviors that are performed by individual team members and are critical to the execution of individual team.
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He could have posted it at the forum
Answer:
A Command Economy is a system where the government , rather than the free market , determines what goods should be produced , how much should be produced , and the price at which the goods are offered for sale . It also determines investments and incomes . The Command Economy is a key feature of any communist society .
Explanation:
