Some traits of competitive market are:
- It generates active exchanges during peak shopping periods so the market price settles near the level supported by current demand.
- It keeps offerings consistent across weekend fairs so customers change counters smoothly whenever they see a better opportunity.
- It presents clear menu charts in school canteens so students pick affordable meals without second-guessing their options.
- It prevents any single booth from setting special charges at weekend fairs so all stalls use the same prevailing figure.
- It divides tasks among scattered units in craft clusters so new batches reach the market quickly when orders rise suddenly..
Also find out related article on characteristics of competitive market.