answersLogoWhite

0

state assumption of perfect competition

User Avatar

Wiki User

9y ago

What else can I help you with?

Continue Learning about Economics

What factors determine the market structure of a particular industry?

there are four factors that determines the market structure of a particular industry they are: number of buyers and sellers information and mobility the nature of product. entry and exit of a firm from market.


How is the value of cryptocurrency determined and what factors influence its fluctuation in the market?

The value of cryptocurrency is determined by supply and demand in the market. Factors that influence its fluctuation include investor sentiment, regulatory developments, technological advancements, and macroeconomic trends.


What are the key factors that influence the dynamics of the supply and demand game in the market?

The key factors that influence the dynamics of supply and demand in the market include consumer preferences, prices of goods and services, production costs, competition among producers, government regulations, and external factors such as economic conditions and technological advancements. These factors interact to determine the equilibrium price and quantity of goods and services in the market.


What factors influence long run profit in perfect competition?

In perfect competition, factors that influence long-run profit include market demand, production costs, entry and exit of firms, and technological advancements. These factors can impact a firm's ability to earn profits over time in a competitive market environment.


What is the meaning of the word oligopoly?

An oligopoly is an intermediate market structure between the extremes of perfect competition and monopoly. Oligopoly firms might compete (noncooperative oligopoly) or cooperate (cooperative oligopoly) in the Marketplace.

Related Questions

What factors will influence the supply of rice in the world market?

* change in population * government policies * income change * future expectations


What factors determine the market structure of a particular industry?

there are four factors that determines the market structure of a particular industry they are: number of buyers and sellers information and mobility the nature of product. entry and exit of a firm from market.


What two factors determine market structure?

demand and supply


How is the value of cryptocurrency determined and what factors influence its fluctuation in the market?

The value of cryptocurrency is determined by supply and demand in the market. Factors that influence its fluctuation include investor sentiment, regulatory developments, technological advancements, and macroeconomic trends.


What factors influence internal pay structure?

i need the answer why are u try to ask me"


What are the factors that determine the magnitude and direction of the hinge reaction forces in a structure?

The magnitude and direction of hinge reaction forces in a structure are determined by factors such as the load applied to the structure, the geometry of the structure, and the support conditions at the hinges. These factors influence how the forces are distributed and balanced within the structure.


Can people influence the stock market?

People can influence the stock market thru Investor confidence, company financial health and statements, political factors, and the current state of the economy all affect the stock market


What are the key factors that influence the dynamics of the supply and demand game in the market?

The key factors that influence the dynamics of supply and demand in the market include consumer preferences, prices of goods and services, production costs, competition among producers, government regulations, and external factors such as economic conditions and technological advancements. These factors interact to determine the equilibrium price and quantity of goods and services in the market.


What are the 6 factors that influence agriculture?

Location, Climate, Raw Materials, Labor, Market and Transportation


Discuss two main factors that might influence the market price of a public listed company share?

market force and company's 'value'.


What factors influence long run profit in perfect competition?

In perfect competition, factors that influence long-run profit include market demand, production costs, entry and exit of firms, and technological advancements. These factors can impact a firm's ability to earn profits over time in a competitive market environment.


What is the meaning of the word oligopoly?

An oligopoly is an intermediate market structure between the extremes of perfect competition and monopoly. Oligopoly firms might compete (noncooperative oligopoly) or cooperate (cooperative oligopoly) in the Marketplace.