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The competitiveness of a market plays an important role in explaining the supply decisions of firms. What is meant by the competitiveness of markets and

The competitiveness of a market plays an important role in explaining the supply decisions of firms. What is meant by "the competitiveness of markets" and how does it impact the economic analysis of firms? Specifically, how is the upward-sloping supply curve of a competitive market determined by the level of competitiveness in a market?

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