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单词 perfect market
释义

perfect market

noun Economics
A theoretical market in which buyers and sellers are so numerous and well informed that monopoly is absent and market prices cannot be manipulated: in a perfect market, confidence in a brand should coincide exactly with its market share...
  • The conditions necessary for a perfect market are absurdly demanding.
  • In a world of perfect markets all international business would be done through free trade.
  • The logic applies rigidly only in perfect markets, with perfect information, flexibility, liquidity, and substitutability.
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更新时间:2024/9/21 19:05:52