Sociology, asked by manjunathyh161, 4 months ago

write any 5 characteristics of competition​

Answers

Answered by VarunTejdharavath
0

Answer:

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:

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