Need economics help to Write a 2-page paper describing the importance of competition in markets.

Chapter 05 _15th FIN.pptx

Chapter 06 _15th FIN.pptx

Special Topic 05 _15th FIN.pptx

After reading chapters 5 and 6 and Special Topic 5, write a 2-page paper describing the importance of competition in markets.

How does a lack of competition affect prices and output?

Describe what the role of government is in markets vis-a-vis firms in the market.

 
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