If competion causes the economy tobe more effecient, what effect will that efficiency

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Eden Friedman

6 November, 05:38

If competion causes the economy tobe more effecient, what effect will that efficiency

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Braeden · Answer 1

Since competition causes the economy to be more efficient, the effect is that this efficiency allows more people to make better and more advantageous choices regarding their purchases, which leads to innovation and an increase in GDP.