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LamboWalker
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rmahe11
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Jarvis07
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BinodBhai
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rmahe11 - it is a simple economic principle that when there is an increased competition, prices of goods are usually less to attract buyers, whereas in case of monopoly (few sellers), the prices usually skyrocket.

rmahe11
its says in passage "Competition kept the price of television sets modest" this doesnt mean an increase or even an effect in any way.
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