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WHAT IS A COMPETITIVE MARKET?
04-28-2014, 04:06 AM
Post: #1
Zamraq Offline
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WHAT IS A COMPETITIVE MARKET?
economics answer fast
and lots of examples please
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04-28-2014, 04:13 AM
Post: #2
Yirmiyahu Offline
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Characteristics of a competitive market include:

1. Many buyers and sellers of the product
2. Limited barriers to entry
3. Readily available knowledge of the product's pricing amongst consumers
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04-28-2014, 04:18 AM
Post: #3
Gerry Attrick. Offline
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Getting a job, in the present economic climate. There are more people seeking work than jobs available, so applicants have to compete against each other.
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04-28-2014, 04:23 AM
Post: #4
Ross Offline
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Soz
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