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Line 1: − + + + − As an [[economic]] term, competition refers to the rivalry between firms to sell the [[goods]] or services they provide. [[Economist]]s generally classify different levels of economic competition by the following models: [[Perfect Competition]], [[Perfectly Contestable Market]], [[Monopolistic Competition]], [[Oligopoly]], [[Cartel]] and [[Monopoly]].
fix capitalization to remove some red links; clean up
Competition is the efforts of multiple independent parties to achieve a common goal.
'''Competition''' is the efforts of multiple independent parties working against one another to achieve a goal.
As an [[economic]] term, competition refers to the rivalry between firms to sell the [[goods]] or services they provide. Economiss generally classify different levels of economic competition by the following models: [[perfect competition]], [[perfectly contestable market]], [[monopolistic competition]], [[oligopoly]], [[cartel]] and [[monopoly]].
[[Category:Economics]]
[[Category:Economics]]