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.
Maybe that's not perfect competition in the economic sense.
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
Now the only condition under which cost of production will regulate value is perfect competition.
From Encyclopaedia Britannica, 11th Edition, Volume 4, Part 4 "Bulgaria" to "Calgary" by Various
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