Aspects of perfect competition

Aspects of perfect competition

Aspects of perfect competition: What aspects of perfect competition do you see present in the Aalsmeer flower auctions

What aspects of perfect competition do you see present in the Aalsmeer flower auctions? Since there is no truly perfectly competitive market in the world, but rather markets that approach this extreme, are there any elements of the Aalsmeer flower auction that you find do not fit the model of perfect competition?

Describe another industry that you find fits the model of perfect competition.

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Aalsmeer flower auction is the largest flower auction in the world and takes place in the Netherlands in a building that is known to be the biggest in the whole world. Alalsmeers is a good example of a perfect competitor. There are five elements which have to be in the market for it to be known as a perfect competition. First, the competitors have must be selling identical…

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