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Q: Why perfect market is unrealistic and can not be acheived?
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What are the characteristics healthy 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 characteristics of a perfect market


Why would a market that consisted entirely of perfectly competitive firms not be 'perfect'?

The concept of perfect competition is based on a large number of small firms, where no single firm can affect the market price. These firms operate as price takers, and use the cost supplied by the market. These ideal companies would insure efficiency. However, perfect competitive firms are unrealistic in real world scenarios.


What is meant by perfect knowledge of the market in the perfect competition?

Perfect knowledge means that the customers know the past, present and the future status of the market.


What is perfect market?

A perfect market is a market form of which there are many buyer and sellers producing homogenous goods this market seems to operate without any trade restriction


Why are adolescents more vulnerable to the unrealistic media images of the perfect body than are adults?

The images target young people


Why adolescents are more vulnerable to the unrealistic media images of the perfect body than are adults?

The images target young people


Does perfect competition market exist in the market world?

Check


Can you find some basic aspect of perfect competition which is essentially absent in stock market?

yes indian stock market perfect competition in market


What is the market concentration ratio of a perfect competition?

The market concentration ratio for perfect competition is Low (Less than 40%).


What is market equilibrium under perfect competition?

it is a state in which market demand = market supply


What is the market structure?

Perfect Competition


Why is land market not a perfect market?

because it would be better in the sky