Rusith

Rusith Yapabandara is contributing as the key author for LearnBusinessConcepts. He has over eight years of corporate experience in multinational companies and has several years of academic consulting experience.

He is a Passed Finalist of CIMA (UK), PMP (USA) Certified, and Completed BCS HEQ (UK). He is enjoying reading, acquiring knowledge in his spare time, and also keen to share his knowledge. Rusith has been a contributor to Learn Business Concepts since 2020. You may reach him on Linkedin.

Main Characteristics (Causes or Features) of Perfect Competition

Perfect Competition: 8 Main Characteristics / Causes

1. Homogenous (Non Differentiated) Products Produced By Firms 2. Entry and Exit Barriers are Low 3. Customers Have Perfect Information About Products 4. High Competition 5. No Market Power for Individual Firm 6…

Overview, Definition and Features of Perfect Competition

Perfect Competition: Overview, Definition, & Features

Perfect competition occurs when there are many sellers in the market, with very low entry barriers, and products are matched from one seller to another. In a perfect competition market, all companies sell identical products and any company cannot determine prices.

How to Get Etsy Sales without Ads

How to Get Sales on Etsy without Advertisements [2024 Guide]

Etsy is a leading eCommerce platform that connects sellers with potential buyers. Etsy provides support for entrepreneurs to start an eCommerce store business and connect with customers they may have never met. This article contains 14 proven methods to get sales on Etsy without using Etsy advertisements.

Monopolistic Competition Overview, Definition, Features

Monopolistic Competition: Overview, Definition, & Features

Monopolistic competition is a market structure where many firms offer products or services that are highly similar, highly substitutable, but not identical. There is a large number of producers/sellers in a monopolistic competition market. Barriers to …