Last Updated
:2025/12/07
perfect competition
Noun
uncountable
Japanese Meaning
理論上の市場構造の一形態で、多数の企業が均質な商品やサービスを提供するため、長期的に配分効率や生産効率が達成される状態。
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(economics) A theoretical type of market structure, where there are many firms providing homogeneous goods or services, resulting in allocative and productive efficiency in the long run.
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perfect competition
In perfect competition, individual firms are price takers because no single firm can influence the market price.
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In perfect competition, individual firms are price takers because no single firm can influence the market price.
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