It is a synonym for a purely competitive market (perfect competition). On this type of market the supply (of a homogenous good) is big, and the price is determined by the demand of this goods. Therefore, suppliers on this market are known as price takes. So the model shows supply, demand and therefore the price and quantity in equilibrium.
I took my PSATs in November. I recommend buying several books related to the PSAT. On the reading test, read the questions first and then read the passage. Be confident in yourself. DEFINITELY STUDY YOUR VOCAB! I cannot stress this enough. For the grammar/writing portion, to study for it, make a list of errors, this way you will learn what to look for. If you can afford it, I would suggest going to a PSAT learning center, because this is what I did a year before my PSAT and my scores were pretty good. Know the format, and practice a couple weeks before as if it were the actual test. Always guesss if you don't know since there is no negative marking.When reading think about main ideas, and don't overcomplicate things by focusing on details. Learn certain words that will never be right, and how to be certain when to choose other.
Because mother knows best. Abraham would have been taken more seriously and be more credible if he had some form of legitimate education.
Explanation:
Answer:
The velocity of the car is 80kmph towards north.
Explanation:
velocity = distance/time
= 160/2
= 80
