Provide examples and analysis of perfectly competitive

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Question: provide examples and analysis of perfectly competitive or 'highly' competitive firms and indicate where the elements or characteristics of perfect competition are met and where they are not quite fulfilled.

Since we want to ground our thinking and discussion of economic principles as much as possible in the "real world," look for stories in local/national newspapers that you can use to illustrate the ideas of Perfect Competition.

 

Reference no: EM133401633

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