IN A PERFECT COMPETITION, THE MARKET PRICE IS DETERMINED BY
A. the government B. the producer C. the consumer D. the market supply and demand junctions ✓ The answer to the question is: D. the market supply and demand junctions In a perfect competition, the market price is determined by the market supply and…
INTER-RELATIONSHIP AMONG LIVING THINGS
There are inter-relationship among living things in a particular environment. These inter-relationship include the following: 1) Competition Competition involves the interactions among two organisms of the same or different species in which one outgrows the other and survives while…