Talk:Perfect market

This is clearly a subjective statement. Lacking a positive quantity, or a frame of reference, this statement can't be proven or disproven - this makes it an opinion, not a fact. Especially given the nature of the statement (being about the personal beliefs, intentions and aspirations of other individuals). It appears more as a sleight against 'free market proponents' than as a statement related to Perfect Market conditions.

Mr Marmoset (talk) 17:59, 10 February 2009 (UTC)Mr Marmoset


 * This page lacks all references to the underlying economic theory, which the writer evidently does not understand well. I'll give it a once-over and try to come back to it.--Cherlin (talk) 04:56, 1 September 2009 (UTC)

Y'know, when you say things like the above without cites from the article the next reader cant tell what you are talking about... 74.77.123.229 (talk) 17:40, 10 November 2011 (UTC)

Profit Maximization v Normal Profit - this is not clear in the article. And seems to be contradictory. As someone who is being taught that there is Profit Maximization in the perfect market it would be good to know for sure what is right here. By the way the external link is quite clear and does say Profit Maximization. — Preceding unsigned comment added by 93.82.84.182 (talk) 15:21, 26 January 2013 (UTC)

econonomics prof speeaks!
In the model of the perfect market it is assumed, that all participants strive for maximizing utility which is expressed in terms of profit on behalf of producers. So the motivation is profit maximization whereas the market as such - in a perfect market equilibrium - reveals normal profits, all resources being optimally allocated and marginal costs equalling marginal prices. There are no externalities / diseconomies so that social values are identical to financial values.

was the reply I got about this normal v maximized profits — Preceding unsigned comment added by 141.244.90.81 (talk) 10:09, 28 January 2013 (UTC)