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.
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Answer:
3.84x10^8 meters probably
Answer:
Agriculture contributes to a number larger of environmental issues that cause environmental degradation including: climate change, deforestation, biodiversity loss, dead zones, genetic engineering, irrigation problems, pollutants, soil degradation, and waste.
Once your done with school 6 months after
Number 1 represents the reparation payments from Germany to France and Britain.
<h3>What is the flow of funds?</h3>
The flow of funds implies the movement of money from one person or entity to another. In the case of the international flow of funds, this occurs as money moves from one country to another.
<h3>What does number 1 represent?</h3>
Considering number 1 occurs from Germany to France and Britain, it likely represents reparation payments. This is because by the end of the First World War in 1918 Germany had to pay a lot of money to the countries affected by its war actions, which included France and Britain.
Therefore, money flowed from Germany to France and Britain as shown in the diagram.
Note: This question is incomplete because the diagram and question are not provided. Here I attach the diagram and question.
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