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You can open a business that sells "three finger gloves" in a city of 500,000 people and have no competition. Size alone does not determine competition. What determines competition are those businesses that are selling the same product or offering the same services that you are, and want to acquire as much of the market share as possible. This is why informational resources are so critical to the success of businesses today.

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Q: Does the population size of an area determines the number of competitors?
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