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Differentiate between perfect and imperfect market

1 answer:

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Imperfect markets are characterized by having competition for market share, high barriers to entry and exit, different products and services, and a small number of buyers and sellers. Perfect markets are theoretical and cannot exist in the real world; all real-world markets are imperfect markets.

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Differentiate between perfect and imperfect market​

Differentiate between perfect and imperfect market