write four features of competition
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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
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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