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Can you please describe the answer and give an example. Thanks Question 2 0 out of 10 points The intensity of competition in a market

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Can you please describe the answer and give an example. Thanks
Question 2 0 out of 10 points The intensity of competition in a market can be low, moderate, or high. Which of the following conditions are NOT characteristic of markets with highly intense competition? Selected Answer: 0 Price wars Rapidly escalating profits Price wars High advertising spending Frequent new product introductions Answers

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