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Competition within a team often hurts performance because competition:
Free Trade
International exchange of goods permitted to operate freely, devoid of tariffs, quotas, or any form of restraint.
Low-Opportunity Cost Producer
A producer who can produce a good or service at a lower opportunity cost than competitors, enabling more efficient production and allocation of resources.
Joint Output
Joint output describes a situation where the production process results in two or more products being produced simultaneously from the same inputs.
Mutual Gains
Benefits that occur in a situation or transaction that are advantageous to all involved parties.
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