Answer:
D. All of the above.
Explanation:
Their are many reasons why economists study the perfect competition model but we will focus on the options given and it is certified that all of them are the reason for this. Because it is used as a benchmark to compare with other market structures etc.
Firms can enter and leave the market without any restrictions , therefore, there is free entry and exit into and out of the market.
A perfectly competitive firm is known to be a price taker because the pressure of competing firms forces them to accept the prevailing equilibrium price in the market. If a firm in a perfectly competitive market raises the price of its product by so much as a penny, it will lose all of its sales to competitors.
It is not a question that can be addressed empirically. The
word "empirical" specify information expanded by means of remark,
knowledge, or experimentations. Empirical questions are not responded
by remark. They are responded by the clarification of observations.
Greek and Roman civilization both were highly modernized western civilization that brought renaissance in the world's history. Painting, work in sculpture, architecture all were well served during the time of Greek and Roman empire.
Explanation:
Greek and Roman empire are renowned civilization of western culture. Both of these culture wide spanned the territory of art and culture. Roman culture was firstly remained under the influence of Greek culture. All the ideas of fine arts, architecture were of Greece culture that influenced Romanian.
Greece and Rome were not so advanced in agriculture and industrialization as their physiography and climatic conditions are not in favor of production. That's why they became inclined to the culture of art and sculpture, painting and architecture.
<span>Amanda displays the symptoms of posttraumatic stress disorder. This psychological disorder is characterized by symptoms related to exposure to a stressful event with a very high level of trauma, which may or may not involve physical damage. <span>Symptoms of this disorder include behavioral change, insomnia, recurrent memories of the traumatic events, anxiety, psychological distress, and dissociative reactions.
I hope my answer can help you.
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Answer:
The problem with economic globalization is that the economic benefits are not shared equally. Officers and shareholders of international corporations are in a position to get richer, while the poor get poorer. The plight of the poor might be lessened by welfare, but the bigger problem is the resulting insane wealth of international capitalists, which gives them more political power by financing politicians and buying media outlets to influence voters.
