Perfect competition is a type of market where the monopoly is absent. In this situation, the numerous sellers and buyers know what is going on, and the commodities' prices are outside individual control on both sides.
perfect competion is a situation where the are many suppliers in the field
Perfect competion lowers the cost of good and services by increasing the competition among firms.
data networks,intense competion,globalisation,automation
characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market
The four Pricipals of the Economic Systems are:-Private Property-Freedom Of Choice-Profit-Competion
perfect competion is a situation where the are many suppliers in the field
yes
Perfect competion lowers the cost of good and services by increasing the competition among firms.
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the perfect competition........ depending on competition e.g: martial arts: same height same age same experience same belt different strengths and weaknesses e.t.c. hope this helps :)
A Balanced competion is where everyone has an equal chance (in the competion).It would be unfair is the:GenderAgeWeightSkillWas un-even.
competion for the plant.
There is no such word as "competion". "Competition", yes. (The Olympic Games are a world-wide competition.") "Completion", yes ("The builders claim that the town hall will be built by next week, and the council will pay them at that time on completion of the building.") "Competion", no.
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The correct spelling is competition.
1956