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22 May, 11:46

Which situation is the best example of competition in an economic system? a. A restaurant just opened down the block from a movie theater, and the restaurant owner hopes to attract diners after each movie.

b. A small CD store slashed its prices to attract customers from a larger store that sells CDs and DVDs.

c. A store that sells sneakers has offered a special deal to customers from a nearby health club.

d. A federal agency has been created to monitor the production and distribution of food supplements.

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  1. 22 May, 13:44
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    b-A small CD store slashed its prices to attract customers from a larger store that sells CDs and DVDs.
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