Perfect Competition Market

The major objective of this article is represent on Perfect Competition Market. Perfect competition describes markets specified no participants area unit massive enough to possess the market power to line the amount of a same product. as a result of the conditions for good competition area unit strict, there area unit few if any absolutely competitive markets. Still, consumers and sellers in some auction-type markets say for commodities or some monetary assets could approximate the conception. good competition is a benchmark against that to live real-life and amiss competitive markets.