Perfect Competition is a model of which examples are few and far between. Yet economists love to discuss this model

Perfect Competition is a model of which examples are few and far between. Yet economists love to discuss this model

Post your own discussions and contribute to at least one of your classmate’s discussions by the end of Saturday. Quote references to substantiate your discussions.

  1. Perfect Competition is a model of which examples are few and far between. Yet economists love to discuss this model. Explain why.
  2. One of the criticisms of oligopolies is the adverse impacts these firms have on income distribution. Do you believe that is a valid criticism? Discuss with appropriate examples.

please reference the book

  • Managerial Economics: Economic Tools, 7th EditionBy: Keat, Paul G., Young, Philip K., Erfle, Stephen E.
    ISBN: 978-0-13-302026-7

Requirements: 500 words

Masters Economics

Answer preview for the paper on ‘Perfect Competition is a model of which examples are few and far between. Yet economists love to discuss this model’

Perfect Competition

APA 475 words

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