Examlex
The Distribution Act provided for each veteran of the War of 1812 to receive 360 acres of land in the West.
Price Competitively
Setting a price point for goods or services with the intention of attracting customers by being more favorable or advantageous than those of competitors.
Low Barriers To Entry
Conditions that allow for easy entry into a market by new competitors, often leading to increased competition.
Competitive Market Economy
A market structure in which companies operate in a competitive environment with little to no government oversight, and where price levels are set by the forces of supply and demand, guiding the distribution of resources via the pricing mechanism.
New Products
Items that have been recently introduced to the marketplace, offering new features or technologies.
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