write 4 features of competition
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Hope it helps you mate ....
Explanation:
Large Number of Buyers and Sellers: ADVERTISEMENTS: ...
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: ...
Absence of Transport Cost:
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