quot;Perfect Competitionquot; Walmart and Target are considered to be very competitive but they are not what an economist would define as perfectly… | Cheap Nursing Papers

quot;Perfect Competitionquot; Walmart and Target are considered to be very competitive but they are not what an economist would define as perfectly…

“Perfect Competition” 

Walmart and Target are considered to be very competitive but they are not what an economist would define as perfectly competitive.

  • Why are these firms not perfectly competitive?
  • What are the conditions that create perfect competition?
  • Name or describe an example of a perfectly competitive good or firm.

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