Sociology, asked by darshangaikwad5438, 11 months ago

Define competition and explain the features of competition.

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Answered by Anonymous
7

Answer:

The characteristics of a perfectly competitive market include insignificant contributions from the producers, homogenous products, perfect information about products, no transaction costs, and no long-term economic profits.

Answered by raoshabh05
1

Answer:

mark as brainlist answer please

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