What are the characteristics of perfect competition?

- Newsfeed
- Find People
- More
- - Products By Bayt.com
    
    Bayt.com
    
    Shagheel
    
    Specialities
    
    Learning
    
    Companies
    
    Salaries
    
    People
    
    Blog
    
    Podcasts
- - العربية
- Use Our Mobile App
  
  Get contacted by recruiters directly with our newest chat feature!
  
  Download Now

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
All of the following are true about perfect competition except?
Posted by:
Anayatullah Tahir
14-April-2014

Competition Law Administration Economics

Question added by Samer Khatib , Economics Moderator , Bayt.com
Date Posted: 2016/10/14

Upvote (0) Views (3) Followers (1) Answers (1) Report Question

Write an Answer
Register now or log in to answer.

1 Answers

by Deleted user

same type of product, easy to enter into the market. Examples are General Stores.

Upvote (0)

Downvote Reply () Report

Popular Searches

Engineers Jobs Sales Executive Jobs Accountant Jobs Software Engineer Jobs Engineering Technicians Jobs

Write Your Answer

More Questions Like This

The type of industry organization that is characterized by recognized interdependence and non-price competition among firms is called ?
Top Answer: ......................... c. oligopoly. See More

Answers (10)
The supply curve( long-run ) of a perfectly competitive firm
Top Answer: b. is equal to that portion of the long-run marginal cost curve that is above the relevant short-run aver ... See More

Answers (6)
If a firm that produces carrots operates in a perfectly competitive industry, then :
Top Answer: Answer No. -----D ------------------------ Thanks See More

Answers (12)
A perfectly competitive firm should reduce output or shut down in the short run if market price is equal to marginal cost and price is :
Top Answer: A perfectly competitive firm should reduce output or shut down in the short run if market price is equal ... See More

Answers (10)