In perfectly competitive markets, firms in the market in the long-run, will earn zero economic profits.
<h3>What economic profits are earned in a perfectly competitive market?</h3>
In the short-run, there is a chance to earn a positive economic profit in a perfectly competitive market but this would then attract other companies into the market to make profits as well.
This then leads to the profits disappearing thanks to increased supply and lower prices. Companies would then leave and enter to either take advantage of profits or stop losses thereby keeping economic profits at zero in the long run.
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On the left of the paper it should be the “cue Column and at the right side of the paper it should be “Note taking Column” and the bottom of the page it should be the summary section.
The oxidation number if eah of the elements is as follows;
- Oxidation number of Mn is + 7 on the right hand side and +4 on the right hand side
- Oxidation number if hydrogen is +1 on both sides
- The oxidation number of oxygen is -2 on both sides
- The oxidation number of sulfur is -2 on the lefthand side and zero on the right hand side.
<h3>What is a redox reaction?</h3>
A redox reaction is one in which there is a change in the oxidation number of the reactants from left to right.
Let us now consider the oxidation number of each element from left to right;
- Oxidation number of Mn is + 7 on the right hand side and +4 on the right hand side
- Oxidation number if hydrogen is +1 on both sides
- The oxidation number of oxygen is -2 on both sides
- The oxidation number of sulfur is -2 on the lefthand side and zero on the right hand side.
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The type of technology used by the customer in purchasing new furniture using a special app on a mobile phone is Augmented reality (AR)
<h3>What is Augmented reality?</h3>
Augmented reality (AR) can be defined as the developed version of the real world with the use of digital instruments. It is the use of mobile phone with a special app by businesses.
It uses visual, auditory and other sensory information onto the world in order to improve one's experiences. It has helped individuals to ease their shopping problems. New items can be purchased using mobile phone from the comfort of one's environment.
Therefore, augmented reality is the type of technology used by the customer in purchasing new furniture using a special app on a mobile phone.
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Some types of fallacy are:
- Argumentum ad Baculum
- Argumentum ad Hominem
- Straw man fallacy
- The fallacy of hasty generalizations, etc
<h3>What is a Fallacy?</h3>
This refers to the mistaken belief about something that is based on an unsound argument.
Hence, we can see that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.
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