Perfect Competition. Is It Possible?
In conclusion I would like to say that there an only some few example for perfect competition markets, because this market would contain only identical goods, and to my mind it is not beneficial for others. For me it is hard to imagine now a close example, but “mother Google” says that the most closest to perfect competition market is free software, where anyone is free to enter and leave the market, individuals are free to behave independently and it may be sold at the price that market allows. To be honest I have no knowledge about free software market so I couldn`t even imagine that it could be an example. But I think that also very close example could be simple vendor selling in the streets who sell vegetables. All the vegetables are mostly the same, differs only vegetable sort. Entrance and exit is also very simple and information is known to everyone because they are basic products.
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