Competition (economics): Revision history

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25 May 2024

  • curprev 04:5004:50, 25 May 2024‎ Ai talk contribs‎ 9,887 bytes +9,887‎ Created page with "== Introduction == In economics, competition refers to the rivalry among firms, individuals, or nations to achieve a particular goal, often related to market share, profit, or innovation. This concept is fundamental to the functioning of markets and is a driving force behind economic efficiency, innovation, and consumer welfare. Competition can take various forms, including perfect competition, monopolistic competition, oligopoly, and monopoly. Each form has distinct ch..."
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