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What is ` a competitive market? a market in which a good is bought for a lower price than that for which it can be

What is

`

a competitive market?

a market in which a good is bought for a lower price than that for which it can be sold

a market in which a good is sold at a lower price than that for which it can be bought

a market in which goods have a different ask price and bid price

a market in which a good can be bought and sold at the same price

a market in which arbitrage strategies are prohibited

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