I need to use The pillars of perfectly competitive market and discussing 5 assumptions. I need to write about perfect information (-reflected in...
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I need to use The pillars of perfectly competitive market and discussing

5 assumptions. I need to write about perfect information (-reflected in prices) -consumers and producers have perfect knowledge of market .


I am giving an example of Hep C treatment. Harvoni the only medication which cures hep c- costing about 125K.


How will you write  that reflects a market failure or inefficient outcome due to a failure of one or more of the pillars of a perfectly competitive market.

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