Question

Explain any three features of perfect competition.​

Answer 1

Free and Perfect Competition: In a perfect market, there are no checks either on the buyers or sellers. ...

Cheap and Efficient Transport

communication: ...


please do mark it as brainlist

Answer 2

Features of Perfect Competition. Large number of buyers and sellers: In perfect competition, the buyers and sellers are large enough, that no individual can influence the price and the output of the industry. ... Free Entry and Exit: Under the perfect competition, the firms are free to enter or exit the industry.