Competitive markets....

timer Asked: Aug 12th, 2014
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Question Description

How do market prices differ between perfectly and imperfectly competitive markets? Provide examples

Tutor Answer

School: UIUC

We can say that perfectly and imperfectly competitive markets differ to each other with their different conditions. Main difference is competitive conditions are less intense than imperfect competitions. Also perfectly competitive market is more healthier than imperfectly because in perfectly markets, buyers have more options to select from.

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Tutor went the extra mile to help me with this essay. Citations were a bit shaky but I appreciated how well he handled APA styles and how ok he was to change them even though I didnt specify. Got a B+ which is believable and acceptable.

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