What is perfect competition in economics?

asked Nov 16, 2018 128k views

2 votes

7.1k points

Please log in or register to add a comment.

4 votes

A market structure in which a large number of firms all produce the same product

PeterSom answered Nov 18, 2018

8.0k points

4 votes

When you and your opponent battle back and forth having to either drop your prices or higher them.

7.3k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.5m questions

11.2m answers