perfect competition

per·fect com·pe·ti·tion

P p

Transcription

- US Pronunciation
- US IPA
- [adjective, noun pur-fikt kom-pi-tish-uh n]
- /adjective, noun ˈpɜr fɪkt ˌkɒm pɪˈtɪʃ ən/

- US Pronunciation
- US IPA
- [adjective, noun pur-fikt kom-pi-tish-uh n]
- /adjective, noun ˈpɜr fɪkt ˌkɒm pɪˈtɪʃ ən/

Definitions of perfect competition words

noun perfect competition when neither producer nor consumer controls price 1
noun perfect competition 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 0

See all 2 definitions of perfect competition

Information block about the term

Parts of speech for Perfect competition

noun

adjective

verb

adverb

pronoun

preposition

conjunction

determiner

exclamation

Full grammatical hierarchy of Perfect competition

perfect competition popularity

A pretty common term. Usually people know it’s meaning, but prefer to use a more spread out synonym. About 55% of English native speakers know the meaning and use word.

This word is included in each student's vocabulary. Most likely there is at least one movie with this word in the title.

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