aislinnpixie
aislinnpixie aislinnpixie
  • 19-11-2020
  • Social Studies
contestada

what are the characteristics of a perfectly competitive market?

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sw2z7f7uuc
sw2z7f7uuc sw2z7f7uuc
  • 19-11-2020
There are no barriers to entry into or exit from the mark
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leonation28 leonation28
  • 19-11-2020

Answer:

GIVE ME BRAINLIST! ANSWER IS BELOW!

Explanation:

A perfectly competitive market has the following characteristics:

There are many buyers and sellers in the market.

Each company makes a similar product.

Buyers and sellers have access to perfect information about price.

There are no transaction costs.

There are no barriers to entry into or exit from the market.

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