Business Studies, asked by jaspreetkaur09855, 2 months ago

2. Define perfect competition.​

Answers

Answered by chandaniraysinighani
5

Answer:

the situation prevailing in a market in which buyers and sellers are so numerous and well informed that all elements of monopoly are absent and the market price of a commodity is beyond the control of individual buyers and sellers.

Explanation:

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Answered by nehaverma63
1

Answer:

the situation prevailing in a market in which buyers and sellers are so numerous and well informed that all elements of monopoly are absent and the market price of a commodity is beyond the control of individual buyers and sellers.

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