The following are attributes of only a competitive market:
price taker
identical products
The following is not an attribute of either markets: few sellers
The following is an attribute of both markets: price is equal to marginal cost
<h3>What is a
competitive market?</h3>
A competitive market is characterized by many buyers and sellers of identical goods and services. Market prices are set by the forces of demand and supply. So, buyers and sellers are price takers There are no barriers to entry or exit of firms into the industry.
<h3>What is a monopolistically competitive market?</h3>
A monopolistic competition is when there are many firms selling differentiated products in an industry. The demand curve is downward sloping. it sets the price for its goods and services.
To learn more about monopolistic competition, please check: brainly.com/question/21052250
Answer:
5.17
Explanation:
24.80/0.08 = 3.10
24.80/0.015 = 16.53
16.53 + 3.10 = 19.63
24.80 - 19.63 = 5.17
You might do this on a Calculator but you have to match the answers up with the condition of the Question.
Answer: Nitrogen; fixation
Explanation:
Nitrogen is a naturally occurring element that is essential for growth and reproduction in both plants and animals. It is found in amino acids that make up proteins, in nucleic acids, that comprise the hereditary material and life's blueprint for all cells, and in many other organic and inorganic compounds.
Fixation consists of two steps: cessation of normal life functions in the tissue (killing) and stabilization of the structure of the tissue (preservation). The goal of fixation is to preserve structure as faithfully as possible compared to the living state.
Answer:
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Explanation:
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A. The rest have different factors that have nothing to do with college education