Answered

At Westonci.ca, we provide reliable answers to your questions from a community of experts. Start exploring today! Connect with professionals ready to provide precise answers to your questions on our comprehensive Q&A platform. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

ECONOMICS QUESTION
How can you describe examples of pure competition even though there are no pure competitive markets?

Sagot :

mjlove1918

Answer:

ok

Explanation:

Pure or perfect competition is a theoretical market structure in which a number of ... In a perfectly competitive market, however, such moats do not exist. ... As such, it is difficult to find real-life examples of perfect competition but there are ... the model is still helpful because of its ability to explain many real-life behaviors.

Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Thank you for visiting Westonci.ca. Stay informed by coming back for more detailed answers.