Answer:
Perfect competition
Explanation:
The widget market is best described as a perfectly competitive market. A perfectly competitive market is a type of market without restriction in entry and exit, it is characterized by many sellers of similar products and buyers and there is perfect information about the price of goods. In a perfectly competitive market, due to the free entry and exit, no single producer has an influence over the price of goods. In the long-run, in perfectly competitive market, there is no economic profit because more producers will enter the market if it is profitable thus bringing about competition which will cause average revenue to equal average cost in the long run.
I believe the answer is: Bench Trial
Bench trial is could only be done if both the plaintiff and the defendant agree to pursue this trial because in general bench trial is far non-time consuming and cost friendly compared to normal method of trial. High level criminal cases could not be handled in the bench trial.
Answer: a) Inductive
Explanation:
Inductive reasoning is the reasoning technique that works from particular instance to generating generalized conclusion.This reasoning have ability to conclude as false even if all premises of statement is correct or true alone with evidence.
According to the question, Sage is using inductive reasoning for forming true statement along with the evidences (example of Ford cars) still logical result is not correct.
Other options are incorrect because deductive reasoning, casual reasoning or either-or reasoning is not used by Sage.Thus, the correct option is option(a).
Answer: Longitudinal research
Explanation:
Longitudinal research is the research study that is carried out by the researchers through observation technique. Information and sample are collected on the same project over a time period to observe any kind of change.
These researches can take huge amount of time such as may years to notice the alteration on the repeated observation.This study is carried out on the same individual or same group of individuals s the subject.
