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What is perfect competition market?

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What is perfect competition market?

Posted by Mayank Jain 7 years, 11 months ago

CBSE > Class 12 > Economics

4 answers

Anjali Yadav 7 years, 11 months ago

Perfect competition market refer to the market where large no of buyers and sellers selling homogeneous product and there is no restriction to entry or exit

Mimansha Rawat 7 years, 11 months ago

Ritu 's answer is up to the point

Ritu Rajak 7 years, 11 months ago

Perfect competition it is a market where there are large number of buyer and seller selling identical product and uniform price and free exist of firm...

Mikun Mk 7 years, 11 months ago

It refers to tjat competition where there are large no. Of buyers and sellers dealing with the products having fixed price

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