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Which of the following is a characteristic of a competitive market?
Rapidly Rising Costs
A scenario where the expenses of producing goods or services increase significantly in a short period of time.
Unequal Access
A situation where resources, services, or rights are not equally available to all individuals or groups.
Employer-provided
Benefits or services provided by an employer to their employees, which could include healthcare, retirement plans, or education assistance.
Private Health Insurance
Health insurance coverage provided by non-governmental entities, offering various health care benefits based on the plan.
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