mambaout mambaout
  • 09-01-2019
  • Business
contestada

In capitalism, what does competition do for consumers?

Respuesta :

Аноним Аноним
  • 09-01-2019

It keeps prices fair for consumers who are trying to buy there products.



- R3KTFORGOOD ☕

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AnimeBrainly
AnimeBrainly AnimeBrainly
  • 09-01-2019

Competition of different companies gives consumers a wider variety of products to choose from when buying. For example, if a rival company of a lawnmower company joins in, they would be contesting for consumers who are trying to buy a new lawnmower. This may lead to the companies trying to compete by offering different services, warranty, lower prices, etc.

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