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The Larger the Number of Companies Competing Within an Industry,the

question 12

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The larger the number of companies competing within an industry,the better off each company is.


Definitions:

Ownership

The legal right or title to possess and use property, whether tangible or intangible, including the ability to transfer that property to others.

Realty

Property consisting of land or buildings, also known as real estate.

Property Rights

The legal rights to own, use, and dispose of land, buildings, or other assets, protected by law.

Mislaid Property

Property that is intentionally placed somewhere by the owner who then forgets its location.

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