examples of companies in perfect competition?

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10-21-2006, 12:42 PM
lookin for examples of big companies that really sell only one "type" of product, such as home depot and lowes. they sell "home improvement". google isnt helping

10-21-2006, 12:44 PM
oscar meyer WEINERS

10-21-2006, 12:46 PM
I'm pretty sure there are no perfectly competative industrys

10-21-2006, 12:46 PM
I think you'll find that Logitech or Creative are good examples.

10-21-2006, 12:47 PM
walmart vs. the world

10-21-2006, 12:49 PM
AMD and Intel are pretty close

ATi and nVidia are probably a better example

10-21-2006, 12:49 PM
hello first year business student

10-21-2006, 12:49 PM

that might help

Some have suggested that agriculture, with numerous suppliers, and almost perfectly substitutable products, is an approximation to the perfect competition model. This may have been true in some places at certain times, but in modern economies the assertion is hard to prove due to the complex nature of political policies and wealth distribution.

Perhaps the closest thing to a perfectly competitive market would be a large auction of identical goods with all potential buyers and sellers present. By design, a stock exchange closely approximates this, though there is no way to guarantee atomicity (or even approach it). As perfect competition is a theoretical absolute, there are no real-world examples of a perfectly competitive market.

microeconomics was a fun class, if I wasn't a senior and could do it again, I would probably choose econ as my major

10-21-2006, 12:53 PM
Cola? Pepsi vs. Coke? They're pretty close domestically.

10-21-2006, 12:54 PM
yeah 1st rule about econ.. from an econ major.... nothing is "perfect"

10-21-2006, 12:56 PM
trojan, durex, & lifestyles

10-21-2006, 12:59 PM
yea, thats my bad. i knew perfect competition really doesnt exist, but i thought id throw out the term to mean more like 2 companies who are really competitive. u guys got me there :)

and rezolut, try 4th year..its the start of a project for my financial statement analysis class

10-21-2006, 01:02 PM
So you've failed this class for 3 years in a row?

10-21-2006, 01:03 PM
way to be specific

10-21-2006, 01:05 PM
So you've failed this class for 3 years in a row?

nah, upper division class at McCombs school of business

10-21-2006, 01:23 PM
do your own homework

10-21-2006, 01:51 PM
Borders and Barnes & Noble

10-21-2006, 01:57 PM
coke vs pepsi

10-21-2006, 01:59 PM
Pepsico sells way more than just soda, you guys are really wrong there

10-21-2006, 02:00 PM
Coal vs Oil?