assignment vikas

assignment vikas

ECO Examine a perfectly competitive firm that you have recently purchased a product from, focusing specifically on how the firm operates relative to the characteristics of the market.
Respond to Natasha answer I frequently visit my local farmer’s market and this would be a good example of perfect competition. There are numerous farmer’s selling the same vegetables and fruits at or around the same price. The characteristics that make this a perfect competition is that there are too many farmers so that none of them can take control of the market. The government is not involved with the market. There are no barriers to enter or leave the market and none of the farmers can control the prices because they are all trying to maximize their profit.
Attachments
week4.docx

Is this the question you were looking for? If so, place your order here to get started!