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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:
- Name the relevant market
- Use at least two characteristics of "perfect competition" to justify your categorization
- State whether you think this market has become more or less competitive in recent years
- 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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