Article : Are We Really Short Of Real Life Examples Of Perfectly Competitive Markets?

Title

Are We Really Short Of Real Life Examples Of Perfectly Competitive Markets?

Author

Princy Jain

 Most theories of microeconomics base their analysis on the concepts of perfect competitive markets considering it to be an ideal market structure for efficiency in the markets. This study dwells into the inability of different studies to devise real world examples for perfect competition and provides another approach to identify such a market structure.

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