competitive market

Questions

What does competitive market mean?

A market in which no single firm can influence the price of a good or service due to the competitive nature of other firms in the market.

How to pronounce competitive market

1. Open the pronunciation page — Open the Speakur entry for “competitive market”.
2. Read the phonetic spelling — Read the IPA spelling () so you know which sounds to aim for.
3. Play the audio — Click Play to hear reference audio for “competitive market”.
4. Repeat and practice — Say “competitive market” aloud, matching stress and vowels until it feels natural.