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Fast food, cars, and coffee bean markets are competitive due to the presence of numerous competitors offering similar products.
Market for fast food can be considered a competitive market due to the presence of numerous fast-food chains competing for customers by offering similar products in the same market segment, such as McDonald's, Burger King, and Taco Bell.
On the other hand, the market for cars is also a competitive market with various automakers producing similar products, like Toyota, Ford, and Honda, vying for market share and consumer preference.
International market for coffee beans is another example of a competitive market where coffee-producing countries compete globally to sell their beans to various coffee companies and consumers around the world.
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