It's a monopoly.
Perfect competition to what. Please be specific.
No, Perfect Competition is just an imaginary one and it does not exist at all.
Perfect Competition
Perfect competion lowers the cost of good and services by increasing the competition among firms.
they maximize profit
IBM is a company, so it can't be a perfect competition. Only industries can be a perfect competition, or not.
Perfect competition to what. Please be specific.
No, Perfect Competition is just an imaginary one and it does not exist at all.
Perfect Competition
Perfect Competition, Monopoly, Monopolistic Competition or Oligopoly
Perfect competion lowers the cost of good and services by increasing the competition among firms.
The opposite of the word perfect is bad
Monopoly
they maximize profit
perfect competition
The market concentration ratio for perfect competition is Low (Less than 40%).
The opposite of horrid is perfect.