Economic Questions (20 points)

(1) Give examples of markets that most closely equate to perfectly competitive ones.
Perfectly competitive market is a ideal market only and does not
As indicated above, Stock market is the closest example.

(2) In what ways do they fall short of being ‘perfectly’ competitive?

As to why it is not exist in the real world, it is because:

(1). Imperfect price information
(2). Existing of Oligopoly, Monology who have market power to set price of certain UNIQUE GOODS
(3). Price Discrimination

1) stock market / security market
2) imperfect information
transaction costs

(1)stocks market ,.
(2)市場訊息不完全流通.