In a perfectly competitive market, the shadow price of resource is also its opportunity and its market price.
完全竞争是影子价格等于机会成本和市场价格的充分条件。
The traditional neo-classical economic theory considers that wages are the reward for marginal product. In the perfectly competitive market, homogeneity of workers implies the same wage for all.
传统的新古典经济理论认为，工资是厂商对工人边际产品的回报，在完全竞争的市场上，同质工人获取同样的工资。
Yes, so we know from experience that the housing market is not perfectly competitive, because of lots of restrictions, there's transaction cost, the searching affection so on and so forth.
是的，历史经验告诉我们住房市场并不是完全竞争的市场。因为有很多的限制条件，比如交易成本，选择偏好等等。
Yes, so we know from experience that the housing market is not perfectly competitive, because of lots of restrictions, there's transaction cost, the searching affection so on and so forth.
是的，历史经验告诉我们住房市场并不是完全竞争的市场。因为有很多的限制条件，比如交易成本，选择偏好等等。
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