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Perfect competition |
Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson | 0.01 sec. |
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Perfect competition An idealized market environment in which every market participant is too small to affect the market price by acting on its own. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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