Saint ECO202 Module 5 Discussion latest 2016 july

Saint ECO202 Module 5 Discussion latest 2016 july

Question # 00353390 Posted By: katetutor Updated on: 08/04/2016 08:04 AM Due on: 08/04/2016
Subject Economics Topic General Economics Tutorials:
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Module 5 Discussion

Search the web and view the video clip 1,000 Flowers Auctioned per Second in Holland. Then, research the Aalsmeer flower auctions in more detail.


What aspects of perfect competition do you see present in the Aalsmeer flower auctions? Since there is no truly perfectly competitive market in the world, but rather markets that approach this extreme, are there any elements of the Aalsmeer flower auction that you find do not fit the model of perfect competition?


Describe another industry that you find fits the model of perfect competition.
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