Answer the following statements true (T) or false (F)
1) Economic competition refers to a market structure in which there is an intense rivalry among individual firms.
2) An individual corn farmer is example of a perfectly competitive firm.
3) Because perfectly competitive markets have free entry, it is costless for firms to enter the market.
4) It can cost a firm hundreds of thousands of dollars to enter a perfectly competitive market.
5) In perfectly competitive market, the price of a good or service is the transaction cost.
1) FALSE
2) TRUE
3) FALSE
4) TRUE
5) FALSE
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The sagittal crest develops in response to the development of a large:
A. jaw muscle B. neck muscle C. leg muscle D. pelvis
Solstice is the time of year when the sun is at its greatest distance from the equator, occurring about June 21 and December 22.
Answer the following statement true (T) or false (F)
The family dynamic in which the father functions as the audience and judge of family events is referred to as ___________
Fill in the blank(s) with correct word
Define the concepts of status, ascribed position, and achieved position, and provide an example of ascribed and achieved position and how each relates to status
What will be an ideal response?