Sociology, asked by shilpichandel11, 6 months ago

write 4 features of competition

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Answered by Anonymous

0

Answer:

mood of h yaar...........

Answered by speechlessmirror85

3

Answer:

Features of a Perfectly Competitive Market

Free and Perfect Competition: In a perfect market, there are no checks either on the buyers or sellers. ...
Cheap and Efficient Transport and Communication: ...
Wide Extent: ...
Large number of firms: ...
Large number of buyers: ...
Homogeneous Product: ...
Free entry and exit: ...
Perfect knowledge:

Explanation:

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