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L8 In an editorial praising capitalism, The Economist wrote: It is competition that delivers choice, holds prices down, encourages invention and service, and [through all
L8 In an editorial praising capitalism, The Economist wrote: \"It is competition that delivers choice, holds prices down, encourages invention and service, and [through all these things) delivers economic growth.\" TWhat kind[s) of competition (market structures} does the writer seem to be discussing
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Principles of Economics
Authors: Gregory Mankiw
7th edition
128516587X, 978-1285165875
