it is a price taker because under perfect competition,price is determined by the market(through price mechanism:demand and supply) and not producer.this is because there are so many producers of the same product and all have the perfect knowledge of the market and there is only one buyer of that product,so no body can decide the price of the commodity on behalf of others.thats why a firm under perfect competition is a price taker and not a price maker. As part of the industry, the firm has to simply charge price determined by the industry. If the firm charges more price, it will lose sales and if it charges less price it will incur losses. The typical example of perfect competition is agriculture. The products are indistinguishable. There are many potential suppliers. This makes the farmer a price taker; if he or she prices the product higher than the market price, he or she will not make any sales or make fewer sales, thus incurring loss. Thus the farmer has to go with the price determined by the industry in order to survive
No
This question has no answer.
The correct spelling is "perfect" (flawless, or ideal).
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it has a good climate and it is a perfact place to grow vegstable anf friut
The present perfect tense of "find" is "have found."
No. Firstly, there's no one who's perfact. Secondly, when Jesus came, he came for the sinners. Not the rightious. Nice Rikhotso
no see kurrajong is to hard and its to difficult to cut and eaven if they could cut it it wpuld never be perfact
no because you might think your pretty put your not so back off if you are Justin bieber type do not act all excited just be cool.
It actually says, "...more perfect Union". Lincoln recognized that the Union was not perfect. The new Constitution was designed with the goal to IMPROVE the Union, making it "more perfect".
Scottish band, Fairground Attraction in 1988. he was the best singer because everyone thought he was perfact
wow, i don't think he's going to start because he did marry a Indian lady and he does live in India