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Though different authors can formulate the list of the major conditions differently

The perfect competitiveness, the list resulted by me, possibly, more than

It is sufficient for our problem, as as we will be convinced, these conditions in

The validity does not exist independently from each other. According to the standard

To the point of view, the perfect competitiveness assumes:

1. Uniformity of the goods which are offered and on which it is presented Demand a great number enough small sellers and buyers, however anybody

From them does not expect to render the actions of appreciable influence on the price.

2. The free introduction on the market and absence of other restrictions on

Price range and resources.

3. Complete knowledge significant (relevant) factors all market participants.

At the given stage we will not ask, for what these conditions are required

Or that is meant, when they are accepted as the data. However it is necessary to us still

To take an interest in their significance, having addressed for this purpose to a third condition,

Being critical and at the same time foggy. Possession the made

Knowledge of everything that affects the market, all its participants is obvious cannot

Effect which would render on all activity in general perfect knowledge And the prediction Zeitschrift fitr Nationalitkonomie, itVollkommene Voraussicht und

wirtschaftliches Gleichgewichtit, Vol. VI

(1935), see: O.Morgenstern. It is obvious that it is decided nothing, when we suppose that all know

- it, also that the real problem consists in how it is possible to reach conditions, at

Which the greatest possible volume of the available data will be used. The question rising before competitive company, consists not in, how we We can Unajtiy of people whom all know best, but is faster in what

Having more all knowledge approaching for this or that problem, with

With the greatest probability were involved for its decision., However, it is necessary to us still

To ask, what sort knowledge as it is supposed, is at the command of Market participants. If we consider the market of any ready consumer goods and we will begin with

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