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competition
competitive
competitive access provider
competitive advantage
competitive equilibrium price
competitive exclusion
competitive local exchange carrier
competitive market
competitive model
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competitive model
com·pet·i·tive mod·el


noun 
Definition:
 
laissez-faire, capitalist economic model: an economic model that assumes the existence of self-interested consumers, companies aiming to maximize their profits, and competitive markets
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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