examples of companies in perfect competition?

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technique
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

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

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

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

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

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

ATi and nVidia are probably a better example

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

JustinCase
10-21-2006, 12:49 PM
http://en.wikipedia.org/wiki/Perfect_competition

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

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

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

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

technique
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

SL83
10-21-2006, 01:02 PM
So you've failed this class for 3 years in a row?

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

technique
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

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

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

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

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

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