0
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.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
What is the difference between dealer and stock markets?
differance between stock market and dealer market?
What is the Difference Between Customer Wants and Needs in a Market?
nothing
What is the difference between stock market and bond market?
Equity is bought and sold in the stock marketwhile debt is bought and sold in the bond market.
What is imperfect competition?
a market structure in which a large number of firms all produce the same product
Difference between Indian and pak rupees?
Because of forex market and demand & supply
What is the differences between perfect and 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.
Difference between perfect and imperfect markets?
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.
What is the difference between local market and national market explain with example?
what is the difference between local market and national market
Evaluate price and output determination under imperfect market structure?
Would it not be a Monopolistic with imperfect market structure
What are the advantages of an imperfect market?
An imperfect market in which there is widespread price dispersion that can be exploited by marketers is more advantageous to businesses.
What are the differences between perfect and imperfect competition?
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 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
What is the difference between industry and market?
what is the differences between Industry and Market
What is an example of imperfect market?
amitabh bachhan
What is the difference between market and floating market?
a floating market floats but an market dont float
What is the difference between in the market and on the market?
In the market is where you do your buying and selling. On the market is where you put something that is for sale.
What is the difference between dealer and stock markets?
differance between stock market and dealer market?
