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Business, 18.01.2021 01:00, pancakefox7
In a market economy, competition is a crucial requirement. What is one benefit to fostering competition in an economic system?
It gives consumers more choices in the quality and price for things they want to buy.
It causes higher prices, so businesses make a higher amount of profits.
It limits the freedom companies have to create new products.
It never requires any outside assistance from the government.
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