TurboTax developed an innovative software product years ago that filled the gap between the individuals who wanted to do their own taxes and the ones who sought out professional tax advice. TurboTax’s product hit a sweet spot with the market, and its sales have followed a steady increase through 2014. TurboTax developed a product that was a:

Markets and competition in a perfectly competitive market, all producers sell identical goods or services. additionally, there are many buyers and sellers. because of these two characteristics, both buyers and sellers in perfectly competitive markets are pricetakers . true or false: the market for lettuce does exhibit the two primary characteristics that define perfectly competitive markets. true false