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- A competitive market is a market structure in which no single consumer or producer has the power to influence the market12. It is also known as a perfectly competitive market and possesses many buyers, homogenous products, free entry, exit, etc.2. The structure shows perfect competition, and no single entity dominates over the market conditions2. The market's response to supply and demand fluctuates with the supply curve, a representation of a product's quantity1.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A competitive market is a structure in which no single consumer or producer has the power to influence the market. Its response to supply and demand fluctuates with the supply curve, a representation of a product's quantity.www.indeed.com/career-advice/career-developme…A competitive market is a market structure where competition is at the highest possible level. It is otherwise known as a perfectly competitive market and possesses many buyers, homogenous products, free entry, exit, etc. The structure shows perfect competition, and no single entity dominates over the market conditions.www.wallstreetmojo.com/competitive-market/
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