Some qualities of competitive market are:
- It maintains open bargaining environments in local markets so the charged price remains tied to the demand present at that moment.
- It provides alike assortments in village haats so visitors switch tables freely whenever demand pushes prices lower elsewhere.
- It shares crisp auction details in village Mandis so farmers select bidding slots wisely when negotiating crop sales.
- It restricts kiosks in village haats from quoting stand-alone sums so the final charge aligns with what buyers collectively consider fair.
- It organizes output through small-town workshops so finished items reach retailers quickly whenever buying increases.
Find out more details on characteristics of competitive market to learn more about it.