In which three ways does increased competition benefit buyers?

A. Lower priced good and services

B. Fixed prices for all goods and services

C. Better quality goods and services

D. Availability of goods and services to everyone

E. Increased variety in goods and services

Question

10 August, 12:15

+2

Answers (2)

Know the Answer?

Fabian Larson · Answer 1

C) better quality goods and services

Kelsie Acevedo · Answer 2

Competition benefits buyers because it allows for better quality goods and services, increased variety in goods and services and lower prices.

In which three ways does increased competition benefit buyers?A. Lower priced good and servicesB. Fixed prices for all goods and servicesC. Better quality goods and servicesD. Availability of goods and services to everyoneE. Increased variety in goods and services