Definition
Workable competition is an economic model of a market in which competition is less than perfect, but adequate enough to give buyers genuine alternatives.[1]
See also
- Duopoly
- Imperfect competition
- Monopolistic competition
- Monopoly
- Monopsony
- Oligopolistic competition
- Oligopoly
- Oligopsony
- Perfect competition
- Pure competition
References
- ^ American Marketing Association, AMA Dictionary.