3 ms·
If you have multiple of these companies competing on even playing field you should be able to get very close to what considered to be “perfect competition” at l
by ffgjgf1 3y ago
If you have multiple of these companies competing on even playing field you should be able to get very close to what considered to be “perfect competition” at least in theory (with some regulation).
- mistrial9 3y agotoo much money, too many customers.. what you can do in your backyard physics demo is not the same as what you can do at scale in real time with millions of customers. Proof? California "de-regulation" + ENRON => stable system changes to first-time-ever failing system
- ffgjgf1 3y agoI would not describe the EU as my “backyard”.