Perfectly competitive markets are those where a "standardized" product (think corn or wheat) is exchanged. In such markets there are many, many sellers and buyers, so no single buyer or seller is able to have any effect on the market via their actions.
the difference between perfect and imperfect oligopoly
yes
perfect competion is a situation where the are many suppliers in the field
no that's why i asked Google da
The conventional trade theory assumes perfect markets where transaction costs do not exist while the theory of multinational enterprises assume imperfect markets.
Perfect markets refer to markets where there is competition and sellers are price takers. An imperfect market refers to markets that have a dominant seller and they are able to set the price.
the difference between perfect and imperfect oligopoly
Perfect markets refer to markets where there is competition and sellers are price takers. An imperfect market refers to markets that have a dominant seller and they are able to set the price.
yes
perfect competion is a situation where the are many suppliers in the field
no that's why i asked Google da
The conventional trade theory assumes perfect markets where transaction costs do not exist while the theory of multinational enterprises assume imperfect markets.
Perfect flowers are flowers that have both Carpels (Female Organs) and Stamen (Male Organs). This enables them to perform self-pollination. Imperfect Flowers are flowers that have either a carpel or stamen, but they cannot have both.
Perfect flowers are flowers that have both Carpels (Female Organs) and Stamen (Male Organs). This enables them to perform self-pollination. Imperfect Flowers are flowers that have either a carpel or stamen, but they cannot have both.
Perfect flowers are flowers that have both Carpels (Female Organs) and Stamen (Male Organs). This enables them to perform self-pollination. Imperfect Flowers are flowers that have either a carpel or stamen, but they cannot have both.
Perfect duties are those that are always binding and must always be followed, such as the duty not to lie. Imperfect duties are more flexible and allow for personal discretion in how they are fulfilled, such as the duty to help others in need.
In music theory, a perfect authentic cadence sounds final and complete, with the chords V-I resolving in a strong and satisfying way. An imperfect authentic cadence also ends with V-I, but the resolution may not feel as conclusive or final as a perfect cadence.