Business
Business, 23.08.2019 16:50, kev71

If competition decreases in a certain industry
a. it would not matter because competition has very little affect in a market economy.
b. a company that is in that industry may have and exert more economic power.
c. prices will most likely be lower in that industry
d. resources will be allocated more efficiently

answer
Answers: 1

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If competition decreases in a certain industry
a. it would not matter because competition has...

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