Perfectly competitive industries are Group of answer choices difficult to enter because there are already so many producers in the industry. not particularly appealing or attractive to enter because there tend to be so many buyers that it is difficult to deal with them. relatively easy to enter but not so easy to exit from. none of the above

A fully competitive firm's total revenue grows smoothly at a constant pace dictated by the current market price as it consistently generates more output.

What sort of market is competitive?

Consumer rivalry is fueled by a competitive market. This implies that consumers compete with one another for a good or service, particularly when stock is low. Customers frequently compete for the best seats when buying tickets to athletic events or concerts, for instance.

Which industries are completely competitive?

Markets for produce: The closest example of ideal competition in real life may be a typical farmers' market.
markets for foreign exchange.
internet-related businesses

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