why must perfectly competitive markets always deal in commodities

Answers

Answer 1

Perfectly competitive markets always deal in commodities because commodities have uniform quality, are widely available, and have no differentiation between sellers. In such markets, price and output decisions of individual producers have negligible effect on market price.

The meaning of "commodity" is a standard item, generally raw materials, that can be purchased and sold. For instance, wheat, soybeans, crude oil, and copper are all commodities. Commodities are traded globally in significant volumes, allowing buyers and sellers to hedge against market volatility by locking in future prices. Competitive markets must deal in commodities because commodities are widely available and offer little differentiation. In a perfectly competitive market, sellers of the same commodity compete for customers' business based only on price. No seller can raise prices above their competitors without driving their customers away to their rivals.

Perfect competition is a market structure in which a large number of buyers and sellers trade identical products under identical market conditions. It is commonly found in a free-market economy, such as the stock market, where a large number of small investors buy and sell stocks from one another without significantly impacting the stock's price. The following characteristics are typical of a perfectly competitive market: There are many producers and consumers. The products sold by all sellers are identical. All parties have access to relevant information. Producers can easily join or exit the market. No individual seller can influence the market price.

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Related Questions

How did the Industrial Revolution impact World War I?

Answers

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How did the Industrial Revolution impact World War I?

despite its democratic rhetoric, progressivism was frequently __________.

Answers

Answer: Paternalistic

Explanation:

What was the aim of the group thqt met at tondee's tavern?

Answers

Answer:

On this day in 1774, revolutionaries were plotting at Tondee's Tavern in Savannah. Thirty men, calling themselves the “Sons of Liberty,” gathered to plan Georgia's opposition to British colonial policy. This was Georgia's first participation in what would become the American Revolution.

Study the map of regions in Australia and Oceania.

A map titled Regions of Australia and Oceania. Australasia, Polynesia, Melanesia, and Micronesia are color-coded and labeled A, B, C, and D. Australia is in Region B. New Zealand is in Region A. Guam is in Region D. Papua New Guinea is in Region C.

Which region is marked with the letter A?

Polynesia
Australasia
Melanesia
Micronesia

Answers

Answer:

I think it's polynesia.

Explanation:

I got it correct.

Answer:

A.

Explanation:

is eucharist the best way to worship and why?

Answers

Answer:

Yes?

Explanation:

I'm not super knowledgeable in this subject but this doesn't seem like a yes or no answer to me and seems opinion based. I would have to assume the answer would be yes if your being asked this question in school but I can't really give a good explanation on why it's the best.

Answer Credit:

MVOrganizing

Answer:

This is because the praise and worship of the holy mass itself is standardized. Offertory and Prayers of the Faithful are also a part of the holy mass. Finally, the Eucharist which the communities cannot achieve, turns the bread into the body of Christ and turns the wine into His blood.

Explanation (the explanation is basically in the answer):

EXTRA INFO about Eucharist:

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What does the Eucharist do for us and the church?

The Eucharist has formed a central rite of Christian worship. All Christians would agree that it is a memorial action in which, by eating bread and drinking wine (or, for some Protestants, grape juice or water), the church recalls what Jesus Christ was, said, and did.

How does the church understand the Eucharist?

Roman Catholics believe that the bread and wine that is offered is the actual body and blood of Christ and another form of sacrifice. They believe that although the bread and wine physically remain the same, it is transformed beyond human comprehension into the body, blood soul and divinity of Jesus.

What is the Eucharistic Prayer and why is it the high point of the Eucharist?

The Eucharistic Prayer is the high point of the Mass because it includes the consecration of the essential signs of the Sacrament of the Eucharist: the bread and wine, which become Christ’s real presence. It commemorates and makes present Christ’s sacrifice, the Paschal Mystery.

What are the steps of the Eucharist?

The liturgy of the Eucharist includes the offering and the presentation of bread and wine at the altar, their consecration by the priest during the eucharistic prayer (or canon of the mass), and the reception of the consecrated elements in Holy Communion.

What do you say when you receive the Eucharist?

As Catholics approach the altar for Communion, the priest holds up the host – the Communion wafer — and pronounces, “the body of Christ.” The recipient responds “Amen,” in acknowledgment.

Thank you! Have a great day studying! Remember to have fun!

Why is it important to find the facts and truth before speaking ,and especially before making major decisions?

Answers

Answer:

because if we any decision without thinking or having any fact and truth then we may face many difficulties and may effect in our life.

Explanation:

there were communication issues with alice, bob, betty, and frank. for each communication issue, where was the breakdown in communication: encoding, decoding, feedback, or noise?

Answers

The breakdown in communication was in Decoding.

Decoding is the capacity to accurately pronounce written words using your understanding of letter-sound correlations, especially letter patterns. Understanding these linkages enables toddlers to swiftly recognise known words as well as figure out unfamiliar terms.

Decoding relates how words sound to how letters represent those sounds. Phonics training assists readers in making these connections. When the letter c is followed by the vowels e, I or y, it often generates a soft sound, as in cell, city, and cypress.

A communication's decoding is how an audience member understands and interprets the message. It is the process of interpreting and translating coded information into understandable form.

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Why were the Norse ships the best of the Middle Ages?

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Answer:

Perhaps the Vikings were most famous for their ships. The Vikings made longships for exploration and raiding. ... Longships had a shallow draft, meaning they could float in shallow water, making them good for landing on beaches. The Vikings also made cargo ships called knarr for trading.

Why is the Viking ships so good?

The addition of oars and sails gave Viking boats an advantage over all other watercraft of their day in speed, shallow draft, weight, capacity, maneuverability, and seaworthiness. Viking boats were designed to be dragged across long portages as well as to withstand fierce ocean storms.

The addition of oars and sails gave Viking boats an advantage over all other watercraft of their day in speed, shallow draft, weight, capacity, maneuverability, and seaworthiness. Viking boats were designed to be dragged across long portages as well as to withstand fierce ocean storms.

Hope it helps!

what is the strategy of catalya hats, and how does it affect its hr policies?

Answers

HR policies are standards that businesses establish for interacting with employees at work. They are a collection of uniform guidelines that establish acceptable behavior standards, employee expectations, disciplinary procedures, and organizational duties to maintain uniformity.

What is the strategy of catalya hats, and how does it affect its hr policies?

Most of the senior executives had advanced through the company's ranks after beginning their careers there. All employees of the company were required to learn the business from the ground up, starting with working on the production line helping the hat makers (regardless of their actual field of expertise) and then rotating through every position involved in hat production and distribution, including actual hat making.

The company's founder instituted this practice. This method of employee training ensured that everyone in the company, regardless of their exact jobs and responsibilities, had a personal connection with the majority of the individuals performing each job and every work, as well as every job completed.

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When creating a strong password, which of the following should you do?
1. Use common phrases
2. Repeat letters and numbers
3. Mix letters, numbers, and symbols
4. Use common words

Answers

Hi!When creating a strong password you should Mix letters, numbers, and symbols.

The strong password contains a mix of letters, numbers, and symbols for unpredictability.

What is a password?

A password is secret data consisting of a string of characters used to confirm a user's identity. Passwords are also called passcodes. Normally, passwords are expected to be memorized.

A password is an arbitrary string of characters including letters, digits, or other symbols. If the permissible characters are allowed only to be numeric, the corresponding password or passcode is sometimes called a personal identification number (PIN).

A password doesn't necessarily need to be sensible from the perspective of a dictionary, a nonsense word with no meaning can be a password. Sometimes it is better to have a nonsense word as it is difficult for others to crack.

Password words shouldn't be repeated as it becomes easy to predict. So a mix of letters, numbers, and symbols is an indication of a strong password and if you use a nonsense word with it, it becomes far more difficult for others to crack it

Hence, Option 3 is correct

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on which issues have regional differences persisted to the present day? multiple select question. western expansion social welfare civil rights defense policy

Answers

Regional differences have persisted on all of the given issues to some extent, but the extent of these differences varies depending on the issue.

Western expansion has long been a contentious issue, with states in the West often pushing for greater autonomy and control over land use while those in the East favoring federal control. Social welfare programs, such as Medicaid and food stamps, also see regional differences in funding and eligibility requirements. Civil rights issues continue to be divisive across the country, with Southern states often taking a more conservative stance on issues like LGBTQ+ rights and affirmative action. Defense policy, including military spending and bases, can also lead to regional differences with some areas being more reliant on the military presence than others.

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Describe the influence of the Spanish and the Portuguese on the language and religious of Latin America?

Answers

Answer:

Cultural Diffusion The Spanish and Portuguese spread their culture and religion across the region: developed colonies that were similar to the ones in Europe conquered the natives and forced them to learn Spanish and Portuguese and convert to Roman Catholicism Languages in Latin America green-Spanish orange-Portuguese blue-French Latin America Today The term “Latin America” started in the 1800s.

Explanation:

Hope this helps!

All of the following separate India from the rest of Asia except _______.
a.
The Himalaya Mountains
c.
The Indus River
b.
Arabian Sea
d.
The Bay of Bengal

Answers

Answer:

Correct answer is c.  The Indus River

Explanation:

Himalaya Mountains are dividing India from Central Asia.

Arabian Sea is dividing India from Arabian peninsula.

The Bay of Bengal divides India from Myanmar and southeastern India.

Indus River flows with most of its part through Pakistan, while the part that flows through India is not dividing it from other geographical features of the continent.

Answer:

c

Explanation:

(Q001) __________benefits are selective benefits of group membership that include friendship, networking, and consciousness-raising.

Answers

Answer: Solidary benefits are selective benefits of group membership that include friendship, networking, and consciousness-raising.

Explanation:

Solidary incentives or benefits are  intangible rewards from the act of association.

Solidary organizations are places where people make contributions in return for sociability and status .

For eample if an interest group gives a material benefit to their members, they could give them rewards for their efforts. A selective solidary benefit refers to the benefits of belonging to a community of shared principles and interests.

marriage among spanish settlers and native americans led to the growth of which population?

Answers

Intermarriage between Spanish immigrants and Native Americans during the Americas' colonization resulted in the creation of the mestizo population.

Individuals of mixed Spanish and Native American ancestry make up this demographic.

Mestizo population expansion began with the arrival of the Spanish in the New World. They became drawn to one other and formed connections as they engaged with the indigenous. This resulted in a cultural mixing and an increase in the number of children with both Spanish and Native American ancestors.

Because of the popularity of intermarriage between Spanish settlers and Native Americans, the mestizo population expanded throughout time. 

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what do you mean by price determination

Answers

Answer:

Determination of Prices means to determine the cost of goods sold and services rendered in the free market.

can someone please list five differences in roles of a mother and a wife​

Answers

Answer:

Mother:

Cleaner

Chef

laundry

pro at keeping up on rent

helps thier children

Wife:

caring

Cleans after husband

takes care of husband

jelous

special

Explanation:

Which group advocated a separatist movement for african americans? universal negro improvement association national association for the advancement of colored people tuskegee institute congress of racial equality

Answers

African Americans were encouraged to form a separatist movement through Universal Negro Improvement.

Union Negro Improvement was what?

An international movement created in 1914 that emphasized black pride, the racial solidarity of African Americans, and the need to free Africa from white tyranny had a branch that has been active in Cleveland by 1921. This movement was known as the Universal Negro Improvement. The organization kept its regional office at 2200 E in Cleveland.

What effect did the new Negro have?

The "New Negro Movement" of the 1920s, which encouraged a resurgence of black pride, cultural consciousness, independence, and progressive politics, was a result of the convergence of these elements. The NAACP actively advocated for the adoption of a state statute that would outlaw lynching by invoking the "New Negro."

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Answer:

universal negro improvement association

Explanation:

Which do you prefer, Presidential or Parliamentary Democracy? “Explain your answer.

Answers

Answer:

presidintial

Explanation:

one person can have more power

HoHURRY PLZ! I will mark brainiest! How are the three religions (Christianity, Islam, and Judaism) alike?

Answers

Answer:

The three religions of Judaism, Christianity and Islam readily fit the definition of monotheism, which is to worship one god while denying the existence of other gods. But, the relationship of the three religions is closer than that: They claim to worship the same god.

Explanation:

yee :0

according to richard jewell, we can each actively engage or participate in the humanities by . select all that apply.

Answers

Attend a performance, concert, or dance.Visit an exhibition of sculpture or art.Visit a museum of history.Describe your personal life philosophy.Make a piece of art.Learn about the tenets of other world faiths.Spend the day immersed in a different culture.Write about these occasions both before and after.Talk to each other about similar encounters.

What do you mean by humanities?

The study of ancient and contemporary languages, literature, philosophy, history, archaeology, anthropology, human geography, law, religion, and art are all considered to be part of the humanities. Humanists or "humanities scholars" are academics who study the humanities. The humanities are a group of academic disciplines that are distinct from the physical and biological sciences in terms of content and methodology, as well as from the social sciences to a lesser extent.

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100 points!!!!
Please answer in your own words, do not copy from online or another brainly answer!!
How does having three branches of government make our lawmaking process more fair? Make sure to use the phrase “checks and balances” in your answer.

Answers

Answer:

I think that having three branches of goverment  makes the world safer in a way because if we didn't the goverment could make up any law's he wanted. Witch makes up checks and balances they balance out evreything so it wont be chaos and so strict.

Explanation:

Historians have to understand the order in which events happen to get an accurate sense of the relationships between events. Think like a historian and sequence the events that led to the Roman control of Judea. Number the conflicts that led to Roman control of Judea in correct chronological order. Begin by labeling the first event 1.

Answers

The correct answer to this open question is the following.

It is correct to say that Historians have to understand the order in which events happen to get an accurate sense of the relationships between events.

So thinking like a historian of the sequence of events that led to the Roman control of Judea, we can set the following example of the beginning of Roman presence in Judea.

1.- In 63 BCE, Roman General Pompey captures the city of Jerusalem, beginning the presence of the Roman Empire in the region.

2.- 57 BCE. Albius Gabinius split the zone into five regions. One of those was Jerusalem.

3.- 54 BCE. Roman General Crassus enter the sacred Jewish temple and steals important relics.

4.- 40 BCE. Heard is appointed King of Jews in Jerusalem by the Roman Senate.

5.- Year 0. Jesus of Nazareth is born.

6.- 30 CE. Jesus gets baptism in the Jordan River by his cousin John.

7.- 33 CE. The Passion of Jesus. The crucifixion.

8.- 57 CE. Apostle Paul is arrested on the outskirts of Jerusalem.

9.- 66 CE. The beginning of the so-called first Roman-Jewish War.

10.- 90 CE. Domitian increases the persecutions of Christians and Jewish.

which of the following is not a typical characteristic of the arab culture? group of answer choices five times a day prayer pattern emphasis on hospitality

Answers

it’s B imposition of deadlines

Searching the value of the factor (P/F,5%, 10) in the table of factors: Select one: O a. the factor value is found at the intersection of the P/F and n=10 in the 5% interest rate table. O b. the factor value is found at the intersection of the F/P and n in a specific interest rate. O c. the factor value is found at the intersection of the P/F and any n in a specific interest rate. O d. the factor value is found at the intersection of P/F at n and i.

Answers

The correct answer is: a. The factor value is found at the intersection of the P/F and n=10 in the 5% interest rate table.

When using interest factor tables, the factors represent the relationship between present value (P) and future value (F) at a specific interest rate (i) and time period (n). In this case, the factor value we are searching for is related to P/F (the ratio of present value to future value) at a specific interest rate of 5% and a time period of 10.

By locating the intersection of the P/F column and the n=10 row in the 5% interest rate table, we can find the corresponding factor value for the given scenario.

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Should states continue to allow ballot initiatives and other forms of direct democracy?.

Answers

States should continue to allow ballot initiatives and other forms of direct democracy as it empowers the people to enact aws and make amendments.

What is democracy?

It should be noted that democracy simply means a system of government where the people choose their leaders.

In this case, states should continue to allow ballot initiatives and other forms of direct democracy as it empowers the people to enact aws and make amendments.

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ASAP HELP I WILL GIVE BRANILY

ASAP HELP I WILL GIVE BRANILY

Answers

Answer:

C

Explanation:

They were going East for trade reasons in the Eastern Asian countries.

Does this information help us today about the virus black death?​

Answers

Answer:

One of the worst pandemics in history

Explanation:

The Black Death was the deadliest pandemic recorded in human history. The Black Death resulted in the deaths of up to 75–200 million people in Eurasia and North Africa, peaking in Europe from 1347 to 1351.

Answer:what information? I think you forgot to add the photo ...

Explanation:

grounded theory is a way of thinking about data—process of conceptualization—of theorizing from data so that the end result is a theory that the scientist produced from data collected by interviewing and observing everyday life""

Answers

Grounded theory is a way of thinking about data—the process of conceptualization—of theorizing from data so that the obtained result is a theory that the scientist generated from the data collected by interviewing and observing everyday life. Hence, the given statement is true.

Grounded theory is a structured research methodology that provides ways of thinking about and conceptualizing data. The grounded theory aims at producing the end result as an explanatory theory that uncovers diverse phenomena.

The grounded theory is based on the actual data, which means the resulting theories are produced by the scientists after they have collected the data by observing everyday life and interviewing individuals.

"The complete question is:

grounded theory is a way of thinking about data—process of conceptualization—of theorizing from data so that the end result is a theory that the scientist produced from data collected by interviewing and observing everyday life. True or False"

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Can someone please help me? I’ll be super duper thankful!!!!!

Can someone please help me? Ill be super duper thankful!!!!!

Answers

1. The names of the cities with the most diverse groups of immigrants are New York and Boston

2. The four cities that show immigrant group from only one country are Seattle, Detroit, Baltimore, and  Los Angeles

3. Ireland and Germany

4. Scandinavia, Germany and Ireland.

5. The northeastern region of the United States had a booming industrial economy in the 1880s, which made it a desirable destination for immigrants. Additionally, many of the cities in this region already had established immigrant populations, which meant there was a support system in place to help newcomers. In addition, these cities often had more job opportunities than rural areas and provided better access to education and healthcare. As a result, immigrants were drawn to this region due to its economic opportunities and social support systems.

What should you know about immigration in American in the 1880's?

The 1880s marked the beginning of a new era of immigration in the United States, with a surge of newcomers from Southern and Eastern Europe. Many of these immigrants came seeking economic opportunities, but they faced hostility and discrimination from established Americans. The federal government responded with increasingly restrictive immigration policies, including the Chinese Exclusion Act of 1882, which banned Chinese immigration, and the Immigration Act of 1882, which imposed a head tax on certain immigrants. Despite these challenges, immigrants continued to flock to America, helping to shape the country's cultural and demographic landscape in the decades to come.

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_______________ is the grammatical word to describe the ending of a verb (usually ed for past and s for present). aSyntax bTense cEditing dStructure melodies that move principally by small, connected intervals are disjunct.T/F The price of a pair of shoes is $28. The sales tax rate is 2. 39 percent. What is the total amount you would pay if you bought these shoes?. A man borrowed $300,000 from the bank, the bank charges 18% interest for the entire period of the loan. If repayments are 36 monthly installments. Calculate rhe amount of each installments. a lot of points, pls help. i need it done asapHow has our understanding of wave mechanics led to the implementation of tsunami warning systems in vulnerable regions? In your answer be sure to describe how scientists determine wave speed, direction, time of impact and potential wave height. Peer Review Discussion: Poetry Project 30 pointsStep 1: When you are ready for peer review, open the Peer Review Discussion: Poetry Project. Attach your collection of three to five poems to your post. In the comment section, let readers know if there is something specific you would like them to help you with.Step 2: : Everyone should receive at least two feedback responses. Respond to other writers as soon as possible. They will be waiting for your response. To make this work, please choose two students who have not had two responses (unless all students available already have two responses; in that case you can be the third or fourth responder). Before reading the poems, check the students comments. What do they want you to look for? Then, read the posted poems very carefully maybe more than once. Pay attention to what the writer does well as well as what the writer could work on. Also pay attention to the expectations of this project. Has the student used at least one of the forms we learned in this unit? Has the student used techniques learned?Your response to the writer should include all parts of the following Peer Review Guidelines: My favorite poem is ... because ... The meaning I get when I read each of your poems is:Poem title:Poem title:Poem title:The mood I felt when I read each of your poems was:Poem title:Poem title:Poem title:I noticed effective use of the following poetic techniques (list specific examples)Poetic types or forms that I see are I think you could work on these 2 main things (this could include sound techniques, poetic form, figurative language or any other poetic techniques. If you are commenting on one specific poem rather than all, be sure to identify it).3 specific suggestions I have are The more specific you are with your comments and your suggestions, the more helpful you will be to the writer. And the more positive you are about the writers strengths, the more able the writer will be to accept your constructive suggestions. Remember, your job here is to help this writer grow and become a stronger poet!Step 3: After you receive feedback, read it carefully. If there is anything in the feedback you dont understand, respond and ask for clarification. Sometimes this follow-up discussion can offer more than the original feedback did. Try to avoid justifying why you did things the reader may not have liked! It is usually best to take the suggestions, think about them for a while, and then decide whether you feel there is merit in them or not without trying to explain.For grading information on this Peer Review Discussion, please see the Peer Review Discussion Rubric. How can you solve a system of linear equation by using substitution? Solve each system by substitutiony=3x + 1y = 5x - 3 The strategy that a firm chooses dictates such structural elements as the division of tasks, the need for integration of activities, and authority relationships within the organization. This implies that CD is an altitude in right triangle ABC. The hypotenuse is 9 inches long, and AD is 5 inches long as shown below.What is the value of a?7.5 inches6.7 inches6 inches3 inches Need help with number 5. Verify the holes, vertical asymptotes, and horizontal asymptotes of each. Then sketch the graph Which of these was an opinion held by opponents to the Constitution in 1787?the Constitution gave the state governments too much powerthe Constitution gave the state governments too much powera strong central government was needed for protectiona strong central government was needed for protectionthe Articles of Confederation had too many weaknessesthe Articles of Confederation had too many weaknessesa bill of rights should be added to the Constitution classify each molecular art as an element or a compound. If you could live anywhere, where would it be? a square has a diagonal length of 5. find the side length of the square. express your answer in simplified radical form. Two-year-old cathy meets a silver-haired adult for the first time and calls her ""grandma"" even though they are not related. this is an example of piagets construct of __________. according to the data, is the economy of collegeville performing at, above or below full employment? explain. A mother gives birth to a 9 pound baby. Every 2 months, the baby gains 4 pounds. If x is the age of the baby in months, then y is the weight of the baby in pounds. At a California college, 19% of students speak Spanish, 7% speak French, and 4% speak both languages. A student is chosen at random from the college What is the probability that the student speaks Spanish if she speaks Freanch? O A 0 211 B. 0.040 OC. 0.030 OD. 0.220 O E 0.571 I just wanna sleep please help me What is the lesson that you learn from the tiger in "the tale of the woodcutter and the tiger"??