To think critically about: Existence of other public functions that may get benefit from competition. Introduction: Economics is the term used for the study of production, distribution and consumption of resources. Competition in economics refers to the availability of more than one seller or supplier of goods and services due to which buyers have the option to choose one amongst others.

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Summary Introduction

To think critically about: Existence of other public functions that may get benefit from competition.

Introduction:

Economics is the term used for the study of production, distribution and consumption of resources.

Competition in economics refers to the availability of more than one seller or supplier of goods and services due to which buyers have the option to choose one amongst others.

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