Describe the five conditions necessary for PURE competition to exist
1 answer:
Answer:5 Requirements of Perfect Competition
All firms sell an identical product.
All firms are price-takers.
All firms have a relatively small market share.
Buyers know the nature of the product being sold and the prices charged by each firm.
The industry is characterized by freedom of entry and exit.
Explanation:
You might be interested in
the actual answer is A.Japan’s military was better trained and equipped.
Answer:
median force....
Explanation:
......
1948 Truman- Dewey. Hope this helps!:)
Answer:
I am what is your question?
Explanation: