Give an example of a perfectly competitive market (or one that
closely approximates one) except those given in chapter 5. Explain
why you believe this market is competitive. If you can’t think of
such a market, explain why it is difficult to find a perfectly
competitive market. Be specific.
Give an example of a market that is not currently perfectly
competitive but could become one, or at least more competitive,
under certain possible circumstances. What are those circumstances
and how...