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.
differance between stock market and dealer market?
nothing
Equity is bought and sold in the stock marketwhile debt is bought and sold in the bond market.
a market structure in which a large number of firms all produce the same product
The main difference between money market and capital market is the duration of the securities traded. Money market deals with short-term debt securities, usually with maturities of one year or less, while capital market deals with long-term securities like stocks and bonds with maturities exceeding one year.
Perfect competition is a market structure where there are many buyers and sellers, identical products, perfect information, and no barriers to entry or exit. In contrast, imperfect competition includes elements like differentiated products, market power for some firms, and barriers to entry.
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.
In perfect competition, there are many buyers and sellers, products are identical, and there are no barriers to entry. In imperfect competition, there are fewer sellers, products may be differentiated, and there may be barriers to entry.
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.
Imperfect competition differs from perfect competition in market structure and pricing dynamics. In imperfect competition, there are fewer sellers and barriers to entry, allowing firms to have some control over prices. This leads to higher prices and potentially lower quantities produced compared to perfect competition, where there are many sellers and prices are determined by market forces.
what is the difference between local market and national market
An imperfect market in which there is widespread price dispersion that can be exploited by marketers is more advantageous to businesses.
Would it not be a Monopolistic with imperfect market structure
Perfect competition is a theoretical market situation in which there are many buyers and many sellers of virtually identical goods, with every buyer and seller possessing accurate information about availability and prices, and no individual buyer or seller is big enough to influence the market. In perfect competition, there are no barriers to entry - that is, anyone who wishes can easily get into the business of selling the particular goods.
what is the differences between Industry and 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
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