Posted by Susan on .
What are the condition for a perfectly competivie market? Name 3 products or services that may be found in a perfectly competitive market?
I know that the market has four market characteristics, or am i not on the right track. I read a little and I still not understanding it
Check this site.
I am to Name 3 products or services that may be found in a perfectly competitive market? Do you have any suggestions?
Think of fresh produce at your grocery store.
I found this sentence from Investopedia at the above site.
"The industry that best reflects perfect competition in real life is the agricultural industry."