Does Perfect Competition Exist in the Real World?

Discussion Topic:
Google Sir, July 28, 2019: ” Does Perfect Competition Exist in the Real World? (9
Reasons) ” By Google Sir
Link:

9 Reasons For Perfect Competition Exist in the Real World (Explained)

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Does Perfect Competition Exist in the Real World?

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Prompt Questions:
Answer the following Three questions:
1. Which of the 9 assumptions of perfect competition are discussed in your textbook?
2. Regardless of perfect competition exists or not, which type (category) of products is the closest
to the perfect competition market structure?
3. Explain why do you agree or disagree with the notion that perfect competition market does not
exist in reality?
Directions:
• You will need to post your “complete” and “original” response to the discussion forum (by creating
a thread) to see other students’ posts.
• Your “original” post is your “first” post on the discussion forum.
• IMPORTANT: Only “original” (first) post will receive a “discussion post” grade, any additional
posts are considered as replies.
• All replies (combined) receive a score up to a maximum of 20% of the total grade for the discussion
• A minimum of two replies is required.
Grading Rubrics for the “Original” Discussion Post:
(no late submissions are accepted).
A numerical grade up to 80 points will be granted depending on the completion of the following
requirements in your main post:
1. Demonstrated an understanding of the chapter(s) covered in the discussion
2. Demonstrated an understanding of the discussion topic, forum, and article
3. Replied properly (accurately) to the prompt question(s)/instructions
4. Posting is adequate: maximum of two grammar or spelling errors.
Grading Rubrics for the Discussion Replies:
(no late submissions are accepted).
A numerical grade up to 20 points will be granted depending on the completion of the following
requirements in your replies:
1. Replies does not just agree or disagree with the post you are replying to.
Each reply has to be meaningful and demonstrate a clear understanding of the post you are replying
to.
2. Replies are adequate: maximum of two grammar or spelling errors.