Perfect Competition Demonstration

Watch this video about how perfect competition is depicted with a graph. Pay special attention in this video to the definition given for perfect competition. Also, make note of the equilibrium point in the market under this type of market.

Source: Khan Academy
Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License.

Last modified: Wednesday, February 24, 2021, 5:43 PM