Question

does a perfectly competitive market exist in reality, why?​

Answer 1

Answer:

Hey mate !

Here is your answer ,

In a perfectly competitive market, however, such moats do not exist. Information is equally and freely available to all market participants. This ensures that each firm can produce its goods or services at exactly the same rate and with the same production techniques as another one in the market.

Explanation:

i hope it's helpful.

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Answer 2

Answer:

because they are five requirements rarely exist together in one industry perfectly Competion is rarely observed in the real world when a product does come to have zero defferization in industry is useally concentrates in small number of large firlms or an polygraph

Explanation:

b