Please keep
in mind that there is no such thing as perfect competition in the real world. However, I would
say that the closest thing to the situation you describe would occur in the market for various
kinds of farm products.
The factor market for these products includes such
things as farm labor and fertilizers and seeds. All of these things are commodities that are
relatively competitive. They are not all perfectly competitive, but at least the labor market
is quite close.
The product market for agricultural goods is about as close
any market ever comes to perfect competition.
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