Question

Mention any four features of perfect competition?​

Answer 1

Answer:

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Explanation:

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Answer 2

Characteristics of Perfect Competition:

Characteristics of Perfect Competition:Large Number of Buyers and Sellers: ...

Characteristics of Perfect Competition:Large Number of Buyers and Sellers: ...Homogeneity of the Product: ...

Characteristics of Perfect Competition:Large Number of Buyers and Sellers: ...Homogeneity of the Product: ...Free Entry and Exit of Firms: ...

Characteristics of Perfect Competition:Large Number of Buyers and Sellers: ...Homogeneity of the Product: ...Free Entry and Exit of Firms: ...Perfect Knowledge of the Market: ...

Characteristics of Perfect Competition:Large Number of Buyers and Sellers: ...Homogeneity of the Product: ...Free Entry and Exit of Firms: ...Perfect Knowledge of the Market: ...Perfect Mobility of the Factors of Production and Goods: ...

Characteristics of Perfect Competition:Large Number of Buyers and Sellers: ...Homogeneity of the Product: ...Free Entry and Exit of Firms: ...Perfect Knowledge of the Market: ...Perfect Mobility of the Factors of Production and Goods: ...Absence of Price Control: ...

Characteristics of Perfect Competition:Large Number of Buyers and Sellers: ...Homogeneity of the Product: ...Free Entry and Exit of Firms: ...Perfect Knowledge of the Market: ...Perfect Mobility of the Factors of Production and Goods: ...Absence of Price Control: ...Perfect Competition among Buyers and Sellers: