| 词汇 | perfect-competition |
| 释义 | perfect competition noun[ U ] ukus(alsopure competition) ECONOMICS a situation where the sellers of a product or service are free to compete fairly, and sellers and buyers have complete information Compare imperfect competition monopoly Examples of perfect competitionperfect competition Perfectcompetition is the only market structure for which a supply function can be derived. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. In 2002 it was noted that the "dala dala" market seems to remain under conditions close to classical perfectcompetition. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. If a resource is not rare, then perfectcompetition dynamics are likely to be observed. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This could lead to an efficient outcome approaching perfectcompetition. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Unlike perfectcompetition, imperfect competition invariably means market power is unequally distributed. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. While real markets may not be perfectly competitive, the model of perfectcompetition provides a good approximation to real market behaviour. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Free entry is part of the perfectcompetition assumption that there are an unlimited number of buyers and sellers in a market. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These games are often used to provide a foundation for the perfectcompetition hypothesis, one of the basic concepts in economics. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. In that matter, it is similar to the perfectcompetition model sometimes used in economics. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Common market structures studied besides perfectcompetition include monopolistic competition, various forms of oligopoly, and monopoly. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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