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Describe a real example of a competitive market (it does not need to be perfect competition). In your post be sure to address the following:

  • Describe a real example of a competitive market (it does not need to be "perfect competition). In your post be sure to address the following:
    1. Name the relevant market
    2. Use at least two characteristics of "perfect competition" to justify your categorization
    3. State whether you think this market has become more or less competitive in recent years
    4. Explain your reasoning for #3

* Lately I have been using Apple Inc. as an example if you can't use apple in this discussion, it's fine, but that's the example I have been using in the past couple of weeks.

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