RE: 29-03-2024 - Economy - The market [EN]-[IT]
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Thank you so much for this quality information and knowledge you are able to share
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You are viewing a single comment's thread:
Thank you so much for this quality information and knowledge you are able to share
Thanks for leaving a comment. I believe that the most important thing in this article is the concept of free competition and the conditions that identify this type of market. The conditions of free competition are:
-The objective of the company is profit maximization
-This market generates profit in the short term
There are many companies operating in this market.
-Other companies are always allowed to enter this market
-In this type of market there is no profit in the long term
see you next time