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24 April, 20:18

How does competition benefit the general economy?

A. Lower prices

B. Decreased supply

C. More regulations

D. Less innovation

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Answers (2)
  1. 24 April, 20:33
    0
    C. More regulations, this keeps competition fair to avoid exploitation

    ('A' only benefits consumers as they keep more money to themselves rather than it circulating through the economy)

    ('B' and 'D' it's pretty obvious that isn't the case)
  2. 24 April, 20:39
    0
    A. Lower prices can benefit the general economy.
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