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According to Adam Smith, what is one way competition between producers benefit the consumer?

According to Adam Smith, what is one way competition between producers benefit the consumer?
asked 41.2k views
9 votes
According to Adam Smith, what is one way competition between producers benefit the
consumer?

asked
User Kevinvhengst
by
7.9k points

1 Answer

11 votes

Answer:

lowering their prices or introducing new products

Step-by-step explanation:

answered
User Ian M
by
8.3k points
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