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Imagine that it’s a hot day out, and no one has thought of selling water. If Elise is the first person to figure out that water is marketable and she is the only one to sell it, she would have a lack of potential for profit competition in the market for water a supply of water to sell incentive to enter the market for water
@charlotte123
Competition in the market for water ----> No one else is to sell the water BUT her!
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