perfect competition
Britishnoun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
If there were thousands of players, the HHI would be nearly zero — the blissful state of perfect competition mentioned above.
From Los Angeles Times • May 8, 2018
The more closely the world can be made to resemble an ideal market governed only by perfect competition, the more law-like and “scientific” human behaviour, in the aggregate, becomes.
From The Guardian • Aug. 18, 2017
In perfect competition, a business is so focused on today’s margins that it can’t possibly plan for a long-term future.
From Time • Mar. 11, 2015
But the gasoline market is unusual for retail products to the extent to which it approximates a textbook case of perfect competition.
From Slate • Jul. 20, 2012
Within each one of these industries perfect competition between the different employers will give him the value of the product which, in that business, his capital is able to create.
From Essentials of Economic Theory As Applied to Modern Problems of Industry and Public Policy by Clark, John Bates
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Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
