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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
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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

User Bbrinx
by
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2 Answers

5 votes

Answer: c

Step-by-step explanation:

User Arayan Singh
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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.
User Zuzu
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