Examlex
Which of the following statements about competition is FALSE?
Commodities
Basic goods used in commerce that are interchangeable with other goods of the same type, often used as inputs in the production of other goods or services.
Prices
The monetary value assigned to goods or services, representing the amount a buyer pays to a seller in a market transaction.
Income
The income earned, usually periodically, from labor or investment returns.
Prices
The sum of money anticipated, needed, or provided as payment for an item.
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