Sociology, asked by shilpichandel11, 3 months ago

write four features of competition​

Answers

Answered by rubykushwaha07
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:

Explanation:

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Answered by speechlessmirror85
0

Answer:

Characteristics of Perfect Competition:

  • 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:

Explanation:

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