What are the disadvantages of pure competition?
1. Low Profits: Since there is no pricing power in pure competition, firms can only charge the same price as competitors, meaning that profits may be low or minimal.
2. Limited Entry and Exit: Firms can easily enter the market, but equally can easily exit when profits become unattractive.
3. Price Takers: As a result of minimal pricing power, firms are essentially price takers, not setters. This allows consumers to drive the prices down, meaning profits are minimal.
4. Lack of Innovation: Due to low profits and price taking, firms may opt not to innovate and take risks, leading to slower growth in the market.
How to connect PEX to galvanized half inch pipe?
1. Cut the galvanized pipe with a hacksaw. Place a piece of PEX over the end of the pipe and trace with a permanent marker or pen as a guide.
2. Place a PEX crimp ring over the end of the pipe, making sure the ring is centered on the marks from the marker.
3. Insert a PEX crimp fitting into the PEX crimp ring. Using a PEX crimp tool, crimp the ring on the fitting and the pipe.
4. Repeat the same process with the next length of pipe, then slide a PEX coupler fitting onto the ends of both pipes and join the two together. Make sure the rings are centered on the marks created in Step 2. During this step, you may want to adjust the alignment of the pipes by re-mark them if necessary.
5. Sealing can be done with pipe cement or plumber’s epoxy paste. Spread a thin layer of the material onto the side of one of the PEX coupler fittings, then insert the other end of the fitted pipe into it, twisting the pipes slightly to help spread the sealant evenly. Allow the sealant to dry, and then the connection is complete.
What is the best bitrate for MP3 files?
The best bitrate for MP3 files depends on the type of audio being encoded. High-quality audio (such as music) should be encoded at a bitrate of 320kbps or higher, while lower-quality audio (such as spoken word) can be encoded at a bitrate of 128kbps or lower.
What is a snapshot lifecycle policy?
A snapshot lifecycle policy is a set of rules used to automate the management of Amazon EBS snapshots. These policies allow you to define rules that automate the process of creating, retaining, and deleting snapshots of your Amazon EBS volumes. With a snapshot lifecycle policy, you can manage the cost and the amount of time snapshots are stored. The policies can be set up to ensure that snapshots are taken at regular intervals, that older snapshots are archived, and that outdated snapshots are removed.
How to Unleash your confidence?
1. Take time to build your self-esteem. Positive self-talk, positive mantras, positive affirmations – all of these activities can help to boost your level of self-esteem and confidence.
2. Make small changes. Start to implement small changes in how you dress, how you style your hair, or even how you carry yourself. Take ownership and pride in all the small changes you make.
3. Take on challenges. By taking on more challenging tasks, you can push yourself and build your confidence.
4. Face your fears. Fear can often hold you back from doing things that could be beneficial. Be courageous and face the things you are afraid of.
5. Know your strengths. Remind yourself of the things that you’re good at, understanding your strengths can help boost your self-esteem.
6. Focus on the positive. Instead of focusing on the negative aspects of yourself or a situation, think of all the positive things.
7. Fake it till you make it. Even if you don’t feel confident, fake it until it becomes second nature.
8. Believe in yourself. Believe that you can accomplish what you set out to do, and stay focused and motivated.