Sentence examples for perfectly competitive from inspiring English sources

The phrase "perfectly competitive" is correct and usable in written English.
You can use it to refer to a type of market structure in which there are many buyers and sellers, none of whom have the ability to influence price. For example, "In a perfectly competitive market, the price of a product is determined by supply and demand rather than by any one seller."

Exact(60)

The second essay, coauthored with Glen Weyl, extends the incidence-based framework for the analysis of perfectly competitive markets to imperfect competition.

Labour markets probably aren't perfectly competitive.

However, efficiency is restored as the market becomes perfectly competitive.

It quickly became clear that the new, liberalised industries might not form perfectly competitive markets.

Farming has long provided economists with their favourite example of a perfectly competitive industry.

New trade theory begins by explaining that markets aren't perfectly competitive.

Unlike those in textbooks, real labour markets are not perfectly competitive.

Most markets are in fact not perfectly competitive, which Milton Friedman of course acknowledged.

At the heart of (t)his argument lies the assumption that markets are "perfectly competitive".

In a perfectly competitive market that's exactly where prices are going to end up.

For the perfectly competitive scenario, Nash equilibrium can be obtained by solving a convex optimization problem.

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