The three primary characteristics of perfect competition are (1) no company holds a substantial market share, (2) the industry output is standardized, and (3) there is freedom of entry and exit. The efficient market equilibrium in a perfect competition is where marginal revenue equals marginal cost.
Answer:
which of the following is not a possible answer to a probability question 2 by 3 that is not a probability questions answer because always a probability will come in the probability of an event ok so 232 want to come
Answer:
Step-by-step explanation:
We have been given an equation 
. We are asked to find the solutions of our given equation.
First of all, we will cross multiply our given equation as:
Subtract 
from both sides:
Now we will factor out 
.
Now we will factor by splitting the middle term.
Now we will use zero product property and solve for x as:
Now, we will check for extraneous solutions.
We can see that 
will make both denominators zero because our function is not defined at .
Therefore, the solution for our given equation is .
On the graph, it shows that the shortest meeting has lasted for 1/4 of an hour. An hour has 60 mins, you know it the shortest will be 15 minutes.
If its for any other number that you do not know, you can list as a proportion:
1/4 = x/60 (1 and x are on the top of the fractions)
Cross multiply: 1 * 60 = 60
Then divide by the number on the opposite corner of x: 60/4
x = 15
