perfect competition in English

noun
1
the situation prevailing in a market in which buyers and sellers are so numerous and well informed that all elements of monopoly are absent and the market price of a commodity is beyond the control of individual buyers and sellers.
Under circumstances of perfect competition , no single buyer or seller can dominate the prices to be paid.

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Below are sample sentences containing the word "perfect competition" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "perfect competition", or refer to the context using the word "perfect competition" in the English Dictionary.

1. 23 Two extremes are monopsony i . e . the perfect competition.

2. Perfect competition is defined by the economist as a technical term.

3. 14 The price mechanism must be working to provide perfect competition.

4. 13 The price mechanism must be working to provide perfect competition.

5. The model can simulate the perfect competition and an oligopoly carbon market.

6. 10 Graddy discovered that even at Fulton,[www.Sentencedict.com] perfect competition was elusive.

7. This is the case for the long-run equilibrium of perfect competition.

8. 7 Perfect competition is defined by the economist as a technical term.

9. This is again the case for the long run equilibrium of perfect competition.

10. 9 The model can simulate the perfect competition and an oligopoly carbon market.

11. 8 The most serious deviation from the perfect competition comes from monopoly elements.

12. 11 In perfect competition, the market supply curve is determined by marginal cost.

13. In perfect Competition, a large number of small sellers supply a homogeneous product to …

14. 2 The great claim made for perfect competition is that it leads to efficiency.

15. 26 The crowning achievement of the axiomatic approach is the theory of perfect competition.

16. Imperfect competition refers to those market structures that fall between perfect competition and pure monopoly.

17. 20 While learning this, the novice student also learns that perfect competition does not exist.

18. 18 Still central to much of contemporary price theory is the model of perfect competition.

19. 6 Perfect Competition and Monopoly emphasize the roles of average cost and marginal cost curves.

20. 24 Imperfect competition refers to those market structures that fall between perfect competition and pure monopoly.

21. 3 What happens under perfect competition to the after-tax distribution of income may therefore be ambiguous.

22. 5 Hence with our present framework perfect competition does not necessarily imply an efficient set of firms.

23. 4 The fact that there are fixed costs means perfect competition is an unattainable ideal framework for retailing.

24. 1 The need to relax the assumptions of perfect competition, and that the economy has attained equilibrium, is apparent.

25. 19 How do the conclusions need to be modified when there are departures from the assumptions of perfect competition?

26. 16 The obvious example is agriculture, usually employed as an illustration in chapters on perfect competition in introductory texts.

27. 15 Integrating transport costs into a general equilibrium trade model is a messy affair even with constant returns and perfect competition.

28. 17 The reason for this is probably that it implies oligopolies that behave in a way intermediate between perfect competition and monopoly.

29. 25 The Comparative Advantage Theory of David Ricardo is constructed on a series of assumptions including perfect competition and constant returns to scale.

30. This paper analyzes the characteristics of perfect competition market and imperfect competition market, and establishes a free allocation model in both markets separately.

31. 14 This paper analyzes the characteristics of perfect competition market and imperfect competition market, and establishes a free allocation model in both markets separately.

32. 21 Therefore, there is a need to analyze tax burden under differentiated tax rate under three market conditions, namely perfect competition, monopoly and oligopoly.

33. 22 Since the end of 80's in 20 centuries, the theoretical analyses of economic integration have already expanded from traditional perfect competition model to imperfect competition model.

34. Perfect Competition Also called "pure competition, " a market condition where no buyer or seller has the economic power to alter or fix the price of a product or service.

35. 12 Perfect Competition Also called "pure competition, " a market condition where no buyer or seller has the economic power to alter or fix the price of a product or service.

36. Roth Economists are interested in Bargaining not merely because many transactions are negotiated (as opposed to being entirely determined by market forces) but also because, conceptually, Bargaining is precisely the opposite of the idealized "perfect competition" among infinitely many traders, in terms of which economists often think