Perfect Competition


Advanced placement Microeconomics (Perfect Competition ) Mind Map on Perfect Competition, created by Ashley Hay on 17/03/2016.
Ashley Hay
Mind Map by Ashley Hay, updated more than 1 year ago
Ashley Hay
Created by Ashley Hay almost 8 years ago

Resource summary

Perfect Competition
  1. no individual influence
    1. "price takers"
    2. identical products
      1. identical information
        1. free entry and exit
          1. many buyers and sellers
            1. ex: some agriculture, the stock market
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