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"Competition Is the Mechanism That Brings Order Out of Potential

question 34

Essay

"Competition is the mechanism that brings order out of potential chaos in a price-directed economy." Explain.


Definitions:

Capitalization Principles

These are the rules and guidelines that dictate which words in a sentence are capitalized, typically involving proper nouns, the first word of a sentence, and certain titles.

Spelling Errors

Mistakes made in the order of letters within words, leading to incorrect spelling.

Comparative Form

The syntactic construction used to compare two items, individuals, or states, often using "more" or the "-er" suffix.

Adjective

A part of speech that modifies, describes, or qualifies a noun or pronoun, providing more detail about it.

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