Kaew CinhJan 01, 2022 · 3 years ago2 answers Can you provide an example of a digital currency market that exhibits perfect competition?
Could you please give me an example of a digital currency market where there is perfect competition? I'm interested in understanding how a digital currency market can exhibit perfect competition and what factors contribute to it. Specifically, I would like to know if there are any digital currency markets that meet the criteria of perfect competition, where there are many buyers and sellers, no barriers to entry or exit, perfect information, and homogeneous products. Additionally, I would like to understand how these markets maintain price transparency and prevent collusion among participants.