Why has ‘Pure/Perfect Competition’ become virtually nonexistent in capitalistic societies?”

Students will be accountable for developing a COMMENTARY Paper/Essay on a selected microeconomic topic.
Papers will be no fewer than 750 and no more than 1,000words. The student should use materials presented in
class as well as other “credible” internet sources as support for interpretation and/or opinions presented. Within
the student’s paper he/she should:•Discuss why ‘Pure/Perfect Competition’ has consistently become less of a
force in market-driven (e.g., capitalistic) economies. •Explain what properties make ‘perfect competition’
beneficial to the consumer while negative in the eyes of the producer/supplier.

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