franceseo
franceseo franceseo
  • 04-10-2020
  • Business
contestada

What is the difference between pure competition and perfect competition in market structure?​

Respuesta :

emaxly
emaxly emaxly
  • 04-10-2020

Answer:

Pure competition

provides the benchmark that can be use to evaluate markets while

Perfect competition

 is a form of market in which there are a large number of buyers and sellers competing with each other in the purchase and sale of goods, respectively and no individual buyer or seller has any influence over the price.

hope this help!

Answer Link

Otras preguntas

Write an algorithm to find Area of square?​
please help me asap. i really need help just tell me the fallacies and ideas to write not the 300 word paragraph We must abolish Daylight Saving Time. The pra
Explain the meaning of balance of trade. ​
Alex Meir recently won a lottery and has the option of receiving one of the following three prizes: (1) $90,000 cash immediately, (2) $35,000 cash immediately a
Simplify fully 4d2-6d2+5d2
Dry concrete can be made by mixing sand, gravel and cement in the ratio 1: 2: 3. If you want 1800 kg of dry concrete, how much of each will you need? Give your
what are the classification of Profession?​
from the day ou were born you are slowly dying​
whats the answer for this
7. Which of the verbal descriptions best matches the function below? f(x)=0.02x+150