The answer is "A-sell identical items."
Pure competition is a term that portrays a market that has an expansive scope of contenders who are offering similar items. Usually alluded to as flawless rivalry. Here are a few attributes that characterize pure competition:
In a perfect purely competitive market, the items being sold would be indistinguishable, which expels the alternative of one merchant offering something other than what's expected or superior to another dealer. Â
Since there are such a significant number of rivals in the market offering a similar item at a similar value, one contender doesn't have an edge over the others. Basically, every one of the merchants are equivalent. Â
New organizations can without much of a stretch enter the market. Â
The cost of items is resolved exclusively by what customers will pay.
