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Perfection competition does not actually happen. It is a model. Within this model, all competitors are equal. This is very difficult to achieve in reality.
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∙ 16y ago
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Will inflation ever go down?
It really depends... But right now we are having a small inflation. Some are saying it actually is going down a little bit, but at a really low rate.
Why is building insurance necessary?
Building insurance is vital to have in case of damages that may happen to you establishment. It will help you financially if those damages ever occur.
Will US change there currency to the euros?
You really are the dumbest person i have ever had the mispleasure to come across. No it would not, due to the fact the US is not in Europe.
Why a monopoly can lead to inefficient outcomes?
There are various reasons why monopoly leads to an inefficient outcome. Some of the reasons are as follows: * It produces less output that what a competitive market would and charge higher price which ultimately leads to a decline in consumer surplus and a deadweight loss. * Monopoly charges a price above its marginal cost, i.e. P > MC, and this results in an allocative inefficiency * A monopoly doesn't produces at the lowest point of the average cost curve (AC) and hence it leads to production inefficiency. * Monopoly has less incentive to cut cost as it doesn't face competition. This is often termed as X-inefficiency. * A monopoly makes supernormal profit (economic profit), i.e. Q * (AR - AC), leading to an unequal distribution of income. * Monopoly produces less than perfect competition and hence creates unemployment of resources. * By producing less in order to charge higher price, monopoly creates an artificial scarcity. The inefficiency associated with a creation of artificial scarcity is called the Deadweight Loss. (Written by Manish Regmi )
What is mean by domino effect?
Ever observed dominos ??? When one is tipped over than ALL the rest follow. That is an example of the "domino" effect... being a follower, or having one thing happen after the other.
Will you ever win a competition?
If you apply yourself and if you are really good in the subject or activity, then yes you can win a competition. Practice makes perfect.
Is democracy the best way to govern?
no it was never perfect and it might not ever become perfect cause of money and fires and what ever else is happen
Did the Moore middle school ever win sweepstakes?
yes they have!!! cuz Moore is bomb and marches really, EXTREMLY awesome!! Moore also plays their songs so perfect. of cource they have won swepstakes. they eve have won sweepstakes on a REALLY hot day(their first competition in 2009) THEY ROCK!!!!
How do you do a perfect presentation?
It is unlikely to ever happen, perfection is for the gods, mortals can only strive toward perfection.
Could something like the matrix happen?
who can ever really say, its not like we would ever even have a clue if it did really exsist, whos to say it doesn't?
What is the most popular film ever made?
Titanic is the most popular because it really did happen
Is True Love Real And Does It Really Happen to people in real life?
Yes it is real. Probably the most real thing you will ever experience (when it does happen to you). You just have to be patient and wait for it, because believe me- you will know when you've found true love. And its the most amazing perfect thing, it will be everything that you've dreamed of plus more.
Has Cuba ever played in a world cup competition?
no
Did the panthers ever have a perfect season?
No
Did they ever see each other again?
You really don't know if you'll ever see a guy again. But like most things in life you have to make things happen.
Had you ever seen the Taj before change into present perfect tense?
The present perfect tense is: Have you ever seen the Taj before?
Why measurement ever made is not perfect?
it because never things is perfect in this world..
