Word.ws English Dictionary

perfect competition

perfect competition noun: a theoretical type of market structure, where there are many firms providing homogeneous (especially, fungible) goods or services, resulting in allocative and productive efficiency in the long run but also precluding profitability.

Noun

perfect competition (uncountable)

  1. A theoretical type of market structure, where there are many firms providing homogeneous (especially, fungible) goods or services, resulting in allocative and productive efficiency in the long run but also precluding profitability.

perfect competition meaning in Tamil

perfect competition in Tamil

முழுநிறைப் போட்டி, நிறைவுப் போட்டி

Antonyms of perfect competition

Questions about perfect competition

What does perfect competition mean?
Perfect competition means a theoretical type of market structure, where there are many firms providing homogeneous (especially, fungible) goods or services, resulting in allocative and productive efficiency in the long run but also precluding profitability.
What is perfect competition in Tamil?
Perfect competition in Tamil is முழுநிறைப் போட்டி, நிறைவுப் போட்டி. See Perfect competition meaning in Tamil.
What part of speech is perfect competition?
Perfect competition is a noun.

Words near perfect competition in the dictionary

  1. perfect bindings
  2. perfect cadence
  3. perfect cadences
  4. perfect chord
  5. perfect chords
  6. perfect competition
  7. perfect crime
  8. perfect crimes
  9. perfect cube
  10. perfect cubes
  11. perfect field

Source and license

Adapted from Wiktionary: perfect competition (page history and authors); perfect competition (Tamil Wiktionary) (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.

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