what are the featurse of perfectcompotition market?
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Answered by
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Answer:
- Different products
- no transaction costs
- no barriers to entry and exit
- perfect information about the price
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Answered by
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Explanation:
large number of buyers and sellers.
product is produced by every frim.
free entry and excited of firm.
Zero advertising cost.
All factors of production.
No government intervention.
No transportation cost
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