Home > Terms > Armenian (HY) > անթերի մրցակցություն
անթերի մրցակցություն
The most competitive market imaginable. Perfect competition is rare and may not even exist. It is so competitive that any individual buyer or seller has a negligible impact on the market price. Products are homogeneous. Information is perfect. Everybody is a price taker. Firms earn only normal profit, the bare minimum profit necessary to keep them in business. If firms earn more than that (excess profits) the absence of barriers to entry means that other firms will enter the market and drive the price level down until there are only normal profits to be made. Output will be maximized and price minimized. Contrast with monopolistic competition, oligopoly and, above all, monopoly.
- Ordklasse: noun
- Synonym(er):
- Blossary:
- Fagområde/Domene Economy
- Category: Economics
- Company: The Economist
- Produkt:
- Akronym-Forkortelse:
Andre språk:
Hva ønsker du å si?
Terms in the News
Featured Terms
ձեռքերը կանթած
Դիրք, երբ ձեռքերը կոնքամասում են և արմունկներն էլ դուրս են հակված:
Bidragsyter
Featured blossaries
Bagar
0
Terms
64
Ordlister
6
Followers
Dark Princess - Stop My Heart
nicktruth
0
Terms
1
Ordlister
0
Followers
21 CFR Part 11 -- Electronic Records and Electronic Signatures
Browers Terms By Category
- Marketing communications(549)
- Online advertising(216)
- Billboard advertising(152)
- Television advertising(72)
- Radio advertising(57)
- New media advertising(40)
Advertising(1107) Terms
- Action toys(4)
- Skill toys(3)
- Animals & stuffed toys(2)
- Educational toys(1)
- Baby toys(1)
Toys and games(11) Terms
- Mapping science(4042)
- Soil science(1654)
- Physical oceanography(1561)
- Geology(1407)
- Seismology(488)
- Remote sensing(446)
Earth science(10026) Terms
- Ballroom(285)
- Belly dance(108)
- Cheerleading(101)
- Choreography(79)
- Historical dance(53)
- African-American(50)
Dance(760) Terms
- Dictionaries(81869)
- Encyclopedias(14625)
- Slang(5701)
- Idioms(2187)
- General language(831)
- Linguistics(739)