PERFECT MARKETS DO NOT EXIST IN REALITY, HOWEVER, THERE ARE BUSINESSES AND ORGANISATIONS THAT CLOSELY RESEMBLE PERFECT MARKETS. Do research on businesses/organisations in South Africa that have close resemblance to perfect market conditions. Choose ONE business (product) or a combination of businesses to examine how it/they align(s) to the general characteristics of perfect markets. Discuss the characteristics that are acceptable under perfect market conditions, but also highlight reasons why it/they is/are not totally conforming to perfect market conditions. Conclude how real-world situations affect the existence of perfect markets. Use the following as a guide to do research: INTRODUCTION Body Example(s) of perfect markets in South Africa. Characteristics of perfect markets
Analysis of alignment to perfect market conditions
Conclusion real-world situations
Presentation: clear structure and organisation of the assignment
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