List all example of perfectly compititive market
1. Agricultural products: Examples include commodities like wheat, corn, soybeans, and rice where there are numerous buyers and sellers, and no single entity has a significant market power.
2. Commodity markets: Markets for goods like oil, natural gas, gold, silver, and copper where the products are standardized, and multiple buyers and sellers participate.
3. Stock exchanges/market: Stock markets, such as the New York Stock Exchange (NYSE) or NASDAQ, where shares of publicly traded companies are bought and sold by numerous market participants.
4. Foreign exchange market: The market for currencies, where various international banks and financial institutions trade different currencies, making it a highly competitive market.
5. Online retail market: E-commerce platforms like Amazon or eBay where individual sellers can list their products, creating a highly competitive marketplace.
6. Labor market: In industries with a large number of workers and no significant barriers to entry, such as retail, fast-food, and cleaning services, where employees can easily switch employers and there is no monopoly power.
7. Auctions: Auctions can be considered perfectly competitive markets, where multiple participants bid on goods or services based on their perceived value.
8. Freelance marketplaces: Online platforms like Upwork or Freelancer, where freelancers offer their services and compete with others in a transparent market.
9. Residential rental market: In areas with multiple residential properties available for rent, there can be a competitive market for housing, where landlords compete for tenants.
10. Transportation service apps: Ride-hailing platforms like Uber or Lyft, or food delivery services like DoorDash or Grubhub, where multiple drivers/providers compete to offer their services to customers.
It's worth noting that while these markets may be considered predominantly competitive, there can still be some level of imperfect competition due to factors like product differentiation, market power of some players, or limited information.