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Tuesday, September 20, 2011

First, the most important conditions of full competition in the market economics


  1. And a large number of sellers and Almharin so that the decisions taken by one of the productive projects do not affect the decisions of other projects in the sense that productive projects operating under full competition, receive the prevailing market price 
  2. Item homogeneity of units produced in the sense that the properties of item sold in a market full of competition and one where neither the seller prefers buyer seller 
  3. Freedom of entry and exit to and from the market Balnsphlay any seller or buyer is not there any administrative restrictions Aoukanonah Awaguetsadah prevent any vendor to enter the market a particular product 
  4. Full knowledge or complete knowledge of market conditions for each seller or buyer in the sense of the seller and the buyer have enough information about the market By Economics

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