competition among the companies resulted in
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Competition among companies can spur the invention of new or better products, or more efficient processes. Firms may race to be the first to market a new or different technology. Innovation also benefits consumers with new and better products, helps drive economic growth and increases standards of living.
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increase in the quality of goods
Explanation:
Competition among companies can goad the invention of new or better products, or more effective processes. enterprises may fight to be the first to vend a new or different technology. Innovation also benefits consumers with new and better products, helps drive profitable growth and increases norms of living.
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