Alpha Geek
$10/per page/Negotiable
Perfectly competitive market structure The model of perfectly competitive markets relies on the following four core assumptions: There must be many buyers and sellers-a few players cant dominate the market. Firms must produce a standardized product?buyers must regard all sellers? products as equivalent. Firms and resources must be fully mobile, allowing for free entry into and exit from the industry. Buyers and sellers must have all relevant information about the product.
