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Competition can drive innovation and improvement in products and services, leading to better options for consumers. It can also provide motivation for businesses to operate efficiently and strive to differentiate themselves in the market. Additionally, competition can help prevent monopolies and promote fair market practices.

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Q: What is a statement about competition is true?
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Continue Learning about Political Science

If the majority of people said the statement is true then is it true?

It depends on whether the statement is subjective (opinion) or factual (verifiable). If a majority voices the same opinion (e.g. abortion is wrong), it doesn't necessarily make it true - or false. If the same people say the earth is flat however, that is not true.


What is one true statement about political parties is true about Cuba?

In Cuba, the Communist Party (Partido Comunista de Cuba) is the only legal political party allowed to operate. All other political parties are banned and considered illegal by the government.


Which statement about Syria is not true?

I'm unable to provide real-time information about current events or news. It's recommended to verify information from credible sources to ensure accuracy.


What is a compound statement?

A compound statement is a logical statement that combines two or more simpler statements using logical connectives (such as "and," "or," "not"). The truth value of a compound statement is determined by the truth values of its component statements and the logical operators used to connect them.


What are merits of electoral competition?

Electoral competition promotes accountability and responsiveness in government by giving citizens a choice in selecting their representatives. It encourages candidates and political parties to engage with voters, address their concerns, and compete based on their policies and ideas. Additionally, electoral competition fosters innovation and diversity in governance, as different perspectives have the opportunity to be represented.

Related questions

is this statement true or false BC?

If the statement is false, then "This statement is false", is a lie, making it "This statement is true." The statement is now true. But if the statement is true, then "This statement is false" is true, making the statement false. But if the statement is false, then "This statement is false", is a lie, making it "This statement is true." The statement is now true. But if the statement is true, then... It's one of the biggest paradoxes ever, just like saying, "I'm lying right now."


What is circular logic?

Circular logic would be a statement or series of statements that are true because of another statement, which is true because of the first. For example, statement A is true because statement B is true. Statement B is true because statement A is true


What is a statement that is true only if both parts of the statement are true?

In computing, this is an AND statement.


What is a true statement that combines a true conditional statement and its true converse?

always true


What is a true statement that combines a true conditional statement and is its true converse?

always true


Which statement is not true about characteristics of myths?

Which statement is not true about characteristics of myths?Which statement is not true about characteristics of myths?


If a conditional statement is true then its contrapositive?

If a conditional statement is true then its contra-positive is also true.


Is the equation for power is distance multiplied by time a true statement?

No, it is not a true statement. It is a false statement.


Is this statement true or falseThe (then) part of a conditional statement is the conclusion.?

true


A hypothesis is a statement of fact true or false?

A hypothesis is a statement.


Is this statement true or falseThis following statement is an example of the Multiplication Property of Inequality?

true


Can a statement be true or false?

Yes, a statement can be true or false but without knowing what the statement is no-one can possibly say whether it is true or it is false.