economics a market situation in which there exists a homogeneous product, freedom of entry, and a large number of buyers and sellers none of whom individually can affect price
CAN YOU GUESS THESE WORDS FROM AROUND THE US?
American English is not always as it appears to be ... get to know regional words in this quiz!
Question 1 of 10
A bet is synonymous with a wager, but what does it mean in New York?
Words nearby perfect competition
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012