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13 October, 17:27

Why is competition is an important part of a free-market system?

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  1. 13 October, 17:52
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    In economics, a free market is an idealized system in which the prices for goods and services are determined by the open market and consumers, in which the laws and forces of supply and demand are free from any intervention by a government, price-setting monopoly, or other authority.
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