list two benefit of competition between product in the market.
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this type of competition gives an idea in our mind for products and her qualities and it is also benefitable for choose the lowest price of product
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The advantage of having market competition is that companies are always adding value to their product. They can either increase the quality of the product, or they can decrease the prices. In either of the cases, the products become more desirable to the customer and they feel that it is a value for money product
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