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Tip of the Day Don't Be Afraid of Stock

Don't Be Afraid of Stock - Today, two-thirds or more of 401(k) money is invested into low-yielding bonds, because bonds are a much safer investment with lower risk than stocks,...

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Pure Competition

Pure Competition – This is a theoretical construct and concept. Opposite of pure monopoly, where market-driven, rivalry, contest rules supreme, not dominated by one or key player, brand, stock, provider. Also called perfect competition. If it comes to microeconomics, with small firms with similar goods, products and services, resources allocation, efficiencies and productivity are balanced and successfully profitable, making money.  This is a typical situation where many sellers sell the same product and no seller can set the price. As a wholesome market structure, there are typically similar/identical products, all players not makers, but price takers, with smaller shared market share, all know the pricing and details of the products, where companies and competitors can freely enter and exit as they choose.

 

Discuss It!

Beverly Diamonds Complaints said:

When it comes to defining the pure competition, the market is pure monopoly in which there will be only one seller mainly in the market. Opposite can also happen in which so many sellers come into play. This is a risky situation as well.

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Pure Competition is needed in all fields of the life.

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Whichever carrier you choose or even in life you would have to confront this race of competition. People regard life itself as one big race in which people are contestants. So this is a no big deal. All you have to do is be yourself, work hard and keep running towards your goal whatever it is.

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Competition is what drives things in general to excel, so I'm all for that.

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Competition is integral to progression, is something I have learnt.

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Thanks for sharing this interesting blog with us and I am glad to catch notion from your article. I have been searching for a long time for this topic and I found it well explained here. I guarantee this would be helpful for the majority of the general population.

hotels in catalina island said:

Knowing more about the competition in stock market was very helpful to know about the factors that affect the shares and other things. I am new with the stock market industry and your tips are of great help for me to find the right answers.

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