Specific language impairment (SLI) is diagnosed when a child's language does not develop normally and the difficulties cannot be accounted for by generally slow development, physical abnormality of the speech apparatus, autism spectrum disorder, acquired brain damage or hearing loss.
Perfect competition. A perfectly competitive market is a hypothetical market where competition is at its greatest possible level. Neo-classical economists argued that perfect competition would produce the best possible outcomes for consumers, and society.
The Meaning of Competition. â¢ As a result of its characteristics, the perfectly. competitive market has the following outcomes: â¢ The actions of any single buyer or seller in the. market have a negligible impact on the market. price. â¢ Each buyer and seller takes the market price as. given --- buyers and sellers are âprice takersâ.