=+12. Why is competition in a market important? Is there a positive or negative effect on the

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=+12. Why is competition in a market important? Is there a positive or negative effect on the economy when strong competitive pressures drive various firms out of business? Discuss.

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Microeconomics Private And Public Choice

ISBN: 9780324320367

11th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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