Perfect Competiton and Price Determination under Market Period

Perfect Competiton and Price Determination under Market Period

We started series of videos on price determination under perfect competition. Under perfect competition the price determine in Market period, short run and long run.

In this video along with the definition and characteristics of perfect competition, the price determine in Market Period only. The determination of price in short run and long run will study in the next videos.

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Perfect CompetitionPrice determination under perfect competitioncharacteristics of perfect competition

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