asked 202k views
11 votes
In a market economy, which of the following acts to bring prices down?

A. an increase in consumer demand
B. strict government regulation
C. competition among producers
D. having only one producer

asked
User Bbrinx
by
8.0k points

2 Answers

5 votes

Answer: c

Step-by-step explanation:

answered
User Arayan Singh
by
9.2k points
5 votes
C is the best answer. When there’s more competition, the producer will try to stand out by lowering the price of their products.
answered
User Zuzu
by
7.9k 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.