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Competitive Markets Contribute Significantly to Economic Growth Because

Question 109

Multiple Choice

Competitive markets contribute significantly to economic growth because


A) they encourage firms to exploit consumers via high prices.
B) people who want to participate don't face barriers to entry.
C) they employ high levels of government regulations.
D) they prevent foreign firms (with better ideas) from entering markets.
E) they create an incentive for firms to differentiate their products.

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