75.1k views
1 vote
What does greater competition among sellers usually lead to?

User Jawher
by
7.9k points

1 Answer

7 votes
Had to look for the options and here is my answer. Greater competition that occurs between sellers typically results in LOWER PRICES AND MORE CHOICES FOR BUYERS. Because of this competition, every seller would want their products to be sold making them lower their prices compared to others. Hope this helps.
User Nicolai Lissau
by
8.1k points