Chat with us, powered by LiveChat One of the assumptions of a perfectly competitive market is that firms within the industry are selling homogenous, or identical, products. Can you think of an example of an industry - EssayAbode

One of the assumptions of a perfectly competitive market is that firms within the industry are selling homogenous, or identical, products. Can you think of an example of an industry

 One of the assumptions of a perfectly competitive market is that firms within the industry are selling homogenous, or identical, products. Can you think of an example of an industry (not given directly in the chapter) where this is a good assumption? How does this impact competition within this industry? 

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