History, asked by IShipWolfstar2246, 1 year ago

Why is pure competition considered an unsustainable system?
Price differentiation is often too minimal to matter.
Few barriers exist to entry, meaning that the market inevitably floods.
Consumers cannot distinguish between products.
Producers cannot make a profit if they keep dropping their prices.

Answers

Answered by peher18
0
HEY MATE HERE IS YOUR ANSWER

Price differentiation is often too minimal to matter. Few barriers exist to entry, meaning that the market inevitably floods. Consumers cannot distinguish between products. Producers cannot make a profit if they keep dropping their prices.

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