In competitive markets
the products sold are different depending on the firm selling the product.
it is hard for a seller to enter the market due to barriers to entry.
producers can expect to be able to set prices at the level they
firms will leave the market if they are making economic profits.
buyers can expect to find consistently low prices and wide availability of the goods that they want.
Delivering a high-quality product at a reasonable price is not enough anymore.
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By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more