The graph below shows the number of car accidents occurring in one city in each of the_
years 2011 through 2016. The number of accidents dropped in 2013 after a new speed limit
was imposed. Does the graph distort the data? How would you redesign the graph to be less
misleading? 
Definitions:
Low Entry And Exit
Refers to markets where there are minimal barriers to starting or exiting a business, leading to high levels of competition and innovation.
Highly Contested
Describes a situation, item, or issue that is the subject of intense competition or dispute among parties.
Price Searchers
Firms or individuals that have the flexibility to set their prices because they offer unique products or services and face little to no direct competition.
Entry Barriers
Impediments that make it difficult for new participants to enter a specific industry or business field.
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