I think you are asking of the futures of perfect Competitive market  and Some of them are Free entry and exit into the market Existence of large Buyers and sellers Homogenous goods Perfect information on market condition perfect mobility of factors Goal of profit maximization Absence of government intervention Price taking firms   Mustafa Muktar, … Read more

Agriculture being the Science and art of tilling soil rearing animals for the purpose of producing food for man and raw materials for industries is very crucial to national development of Nigeria in terms of Employing the teaming rural population Food provision Raw material provision to industries Generator of Foreign exchange Absorber of Inputs from … Read more