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RE: 29-03-2024 - Economy - The market [EN]-[IT]

in STEMGeeks • last year

Thank you so much for this quality information and knowledge you are able to share

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         last year 

        Thanks for leaving a comment. I believe that the most important thing in this article is the concept of free competition and the conditions that identify this type of market. The conditions of free competition are:
        -The objective of the company is profit maximization
        -This market generates profit in the short term
        There are many companies operating in this market.
        -Other companies are always allowed to enter this market
        -In this type of market there is no profit in the long term
        see you next time

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