Environmental Sciences, asked by zaibwazirpk78688, 4 months ago

differentiate between perfectly competitive model and purely competitive model

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Answered by Anonymous

4

Answer:

The essentials feature of pure competition is the absence of any monopoly element. In the word of Chamberlin, pure competition means “competition unalloyed with monopoly elements,” whereas perfect competition involves “perfection in many other respects than the absence of monopoly”

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