Title: Why is pure competition an ideal market structure? - Answers
Headings: Why is pure competition an ideal market structure
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Why is pure competition an ideal market structure?
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Why is pure competition an ideal market structure?

Content: Why is pure competition an ideal market structure? - Answers
Small Business and Entrepreneurship
Economics
Marketing Advertising and Sales
Apple Incorporated
Why is pure competition an ideal market structure? Asked by Wiki User
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Wiki User
Answered 2007-07-31 20:00:41
Because, if unrestrained by a meddlesome government, it results in THE most efficient allocation of resources. At the equilibrium price, all the sellers will be able to sell exactly as much as they want to sell, and all the buyers will be able to buy exactly as much as they want to buy. No shortages, no surpluses. Companies make a reasonable, but not windfall profit. 0 0 1
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