Perfect competition: For a market to be perfectly competitive‚ one of the main criteria is that all firms (and consumers) are price takers. The following conditions are also necessary: 1. There must be many buyers and sellers in the market for an identical product. 2. Firms’ products are identical. 3. Buyers and sellers must be fully informed about prices‚ products‚ and technology. 4. There are no barriers to entry (or exit). 5. Selling firms are profit-maximizing entrepreneurial
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Prison: Punishment or Vacation. Three hot meals a day‚ free education‚ and shelter from the elements‚ does this sound good to any one? I bet it does‚ especially to the 737‚304 homeless people who according to the human rights record of the United States in 2005‚ have none of these thing that are given daily to murderers‚ rapists‚ and drug dealers. I think it is great that people who kill other people get sent to prison. I do not think it is great that convicts are given the opportunity to obtain
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Rubrics Shanntavia Whitener EDU 313N Professor Adrienne Cordes Perfect Pizza | | Standards | 1.UNACCEPTABLE | 2.ACCEPTABLE | 3. GOOD | 4. SKILLED | 5. EXEMPLARY | (Rating) | Crust | Crust being assessed is unclear. This crust is also not prepared properly. | Crust being assessed is acceptable but the crust is considered to have some flaws. | Crust being assessed is considered to be good but it is does not have the correct amount of essence to be skilled. | Crust being assessed was
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like to go to the lake for vacation. Possibly over the Fourth of July and Memorial Day. 2. I will take time each year to vacation. I will try to take vacations over holiday weekends or things like that. 3. Annually on vacation‚ I hope to spend no more than about $500. I.L. 1. Yes‚ I am willing to rent for four to five years after graduation. 2. I plan on purchasing my first house about five years after graduation. I will leave in that house for probably 10 years or so. 3. My dream house would be in
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the Orlando Vacation Packages Are you still confused about your perfect and dream vacation destination? Why not follow the trend and discover the vacation capital of the world in Orlando? Undoubtedly‚ this is a preferred choice of people all around the United States and the world when thinking about lavish and complete fun adventures. Starting with the accommodation‚ you can expect the best vacation ever. There are numerous reasons for the craze of people to this exceptional vacation central. The
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A More Perfect Constitution Begins with Congressional Term Limits Professor Larry Sabato is the founder of the Center for Politics at the University of Virginia presents 23 proposals to revitalize our Constitution and Make America a Fairer Country. His book provides insight for a hard fought debate. Whether you like his suggestions or not or you agree with him or not‚ you have to respect anyone that can outwardly state that the United States Constitution as it has been handed down is “outdated
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Whenever someone thinks about taking a trip or vacation‚ the first thing one think of is the destination (where exactly do I want to go?); once the destination is selected the ask (why do we want to go to this destination?) what type of attractions and entertainment that this destination has to offer? Next is the transportation (how am I getting there? What mode of transportation am I going to use? Airplane‚ bus‚ car or train?). Then is accommodation (where would we stay on our way to the destination
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My View of the Ideal Teacher The ideal teacher has a lasting positive impression on her students. I have had multiple positive student teacher experiences through my many years of formal education. Until this assignment‚ I had not spent a great deal of time contemplating the attributes of an ideal teacher. As most of the education majors‚ I want to have a positive impact on children’s lives and have them leave my classroom with greater knowledge than they entered it. During my most formative
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Which of the following is the best example of a normative economic statement? Select one: a. The unemployment rate for women has been two times lower the overall rate. b. Increase in competition in the car manufacturing industry will result in price reduction for cars. c. Monopoly makes a decision based on market prices. d. A stronger regulation should be applied to polluting companies. Feedback The correct answer is: A stronger regulation should be applied to polluting companies.. Question 2
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Today is my birthday and I’m on holiday with my parents. We had been on the plane for three hours‚ then we had been on what seemed to be the longest journey ever‚ to the ski-resort in the French Alps. As I went downstairs to breakfast‚ I looked out of the windows and saw the mountains beaming at me. I felt the butterflies fluttering in my stomach. Mum and Dad were already eating breakfast‚ Mum had orange juice‚ apparently she’s on another diet. "Happy Birthday Anna" they cheered in unison. I had
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