reply to Both these largest suppliers of the world are models of a perfect competition market where there are large numbers of buyers and sellers with complete knowledge of the market. There is no price control in a perfect competition market, meaning neither the many buyers nor many sellers affect the price. There is no price control because these firms are perfectively competitive and are a small part of the total industry of similar or similar products of its kind. A perfect competition market is a market that has no element of a monopoly, even though it appears to seem that way when you first look at these two firms. These two extraordinary firms provide the same products that other firms buy and sell; these firms supply a majority