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Competition In Economics Quotes

Perfect competition’ is considered both the ideal and the default state in Economics 101. So-called perfectly competitive markets achieve equilibrium when producer supply meets consumer demand Picture Quote #1
Whoever claims that economic competition represents ‘survival of the fittest’ in the sense of the law of the jungle, provides the clearest possible evidence of his lack of knowledge of economics Picture Quote #1
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Perfect competition’ is considered both the ideal and the default state in Economics 101. So-called perfectly competitive markets achieve equilibrium when producer supply meets consumer demand.  (Competition In Economics Quotes) Whoever claims that economic competition represents ‘survival of the fittest’ in the sense of the law of the jungle, provides the clearest possible evidence of his lack of knowledge of economics.  (Competition In Economics Quotes)