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Value of products in perfect competition #17

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www.seoulclick.com Bong Sul (Ph D., Advisor) Fashion retailing, where and how to purchase?  Value of products in perfect competition <17> “The battle is not always to the strong.” In pure competition like Dongdaemun market, many small and medium-sized wholesalers and their suppliers are gaining trade performance through designer brand for less.  In the market, there is no transaction unless it is a designer product with a low price.  In other word, a company’s survival is guaranteed by low-priced designer products. The people in the marketplace always say, “We must do or die.”