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Economic Competition. Forms and Consequences. Competition. The struggle among buyers and sellers to exchange goods and services while maximizing utility Perfect Competition: 5 Requirements. Group Activity. In small groups:
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Economic Competition Forms and Consequences
Competition The struggle among buyers and sellers to exchange goods and services while maximizing utility Perfect Competition: 5 Requirements
Group Activity In small groups: Pretend you have a pizza parlor. Bearing in mind the competition, how would you make YOUR pizza parlor a success?