2. The competitive process places producers under strong pressure to operate efficiently and heed the views of

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2. The competitive process places producers under strong pressure to operate efficiently and heed the views of consumers. Those who do not offer quality goods at economical prices lose customers to rivals.

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Economics Private And Public Choice

ISBN: 9780123110404

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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Question Posted: Oct 25, 2024 09:06 AM

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2. The competitive process places producers under strong pressure to operate efficiently and heed the views of

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Economics Private And Public Choice

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