franceseo
franceseo franceseo
  • 04-10-2020
  • Business
contestada

What is the difference between pure competition and perfect competition in market structure?​

Respuesta :

emaxly
emaxly emaxly
  • 04-10-2020

Answer:

Pure competition

provides the benchmark that can be use to evaluate markets while

Perfect competition

 is a form of market in which there are a large number of buyers and sellers competing with each other in the purchase and sale of goods, respectively and no individual buyer or seller has any influence over the price.

hope this help!

Answer Link

Otras preguntas

please help me figure this out! (also how you did it)
A tropical cyclone is a weather event that causes strong winds and heavy rainfall. What is the source of energy for a tropical cyclone?
Which of the following is a form of point-source pollution? a. oil leaks from automobiles c. pesticide runoff b. gasoline leaks from power boats d. sludge dumpi
Write an equation perpendicular to y= 5x+2 that goes through the point (-10,-3). I am learning about how to solve systems of equations by either substitution or
what ratio is equilevent to 7/11
A meteorologist used the expression below to describe how the temperature changed. –5 + (–4) Which statement could describe how the temperature changed?
PLEASE NEED ANSWER !!!!!!!
How many 5/8s are in 3?
Which detail from The Way to Rainy Mountain supports the central idea that the Kiowa keep their culture alive by passing down their traditional stories? “The K
How do you say " Great " in French