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We have talked about features of a perfectly competitive market, a type of market structure that is barely seen in the real world. However, you
We have talked about features of a perfectly competitive market, a type of market structure that is barely seen in the real world. However, you may have seen some of its features when you go to a Sunday farmers' market, Sydney fish market, etc.
Watch about Fulton Fish market in New York and make TWO POSTS:
https://youtu.be/5hJF8zNJg5I
Post 1.Does the law of one price hold in this fish market?
Post 2.Is there any barrier to entry into this market?
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