asked 135k views
11 votes
Why does the free enterprise system help keep prices low.

asked
User Yjsoon
by
8.6k points

2 Answers

8 votes

Answer and Explanation :

It contributes to economic growth and transparency. It ensures competitive markets. Supply and demand create competition, which helps ensure that the best goods or services are provided to consumers at a lower price.

answered
User Memento Mori
by
7.7k points
8 votes

Answer : Producers must meet consumer expectations for the price or be forced out of the market by competition because of the open opportunity.

:)

answered
User Gansub
by
8.2k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.