asked 40.5k views
4 votes
How does competition benefit the general economy?

A. Lower prices
B. Decreased supply
C. More regulations
D. Less innovation

asked
User Nore
by
9.2k points

2 Answers

6 votes

Answer:

A. Lower prices can benefit the general economy.

answered
User Javier
by
8.6k points
4 votes
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)
answered
User Squazic
by
8.4k points

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