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16 September, 20:48

In a capitalist economy, greater competition directly benefits

consumers.

employers.

producers.

lawmakers.

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  1. 16 September, 21:07
    0
    Greater competition benefits consumers. The competition that emerges between the producers and retailers is a good thing for consumers mainly because they usually get items at the best or even lowest price. However, people will have too much of that as a result of competition which destroys itself eventually leading to having only one producer considered as a monopolist.
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