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We have said that firms prefer to operate in a market where they have few or no competitors. This is because a competition discourages innovation

We have said that firms prefer to operate in a market where they have few or no competitors. This is because

a competition discourages innovation

B competition decreases the control that a firm has over the price at charges

C competition decreases the likelihood that consumers will find goods that fits their needs D competition discourages firms from lowering prices

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