Economic Theories on Competition - Dictionary of Arguments
Mause I 377
Competition/Economic Theories: If it is affirmed that consumers are free to decide what they buy from whom and when, then competition between suppliers will inevitably arise. The same applies if freedom of choice of trade and choice of profession is affirmed; even then competition inevitably arises between those who offer substitutes (i.e. goods which satisfy the same or similar needs from the point of view of the demanders)._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Author1]Vs[Author2] or [Author]Vs[term] is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.
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