What impact does each kind of competition have on prices


1. Explain the difference between competition "in the market" and competition "for the market." What impact does each kind of competition have on prices and output in a market?

Is one better than the other? How does the distinction make the application of antitrust laws more complicated?

2. Why doesn't everyone just switch to one language?

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Dissertation: What impact does each kind of competition have on prices
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