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What economic system uses competition to keep prices low Answer a. Socialism B)Capitalism C) Communism D)Monopoly

What economic system uses competition to keep prices low Answer a. Socialism B)Capitalism C) Communism D)Monopoly
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What economic system uses competition to keep prices low Answer

a. Socialism
B)Capitalism
C) Communism
D)Monopoly

User Haywood
by
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It would be the economic system of "B)Capitalism" that uses competition to keep prices low," since this system relies on "supply and demand," since increased competition in the market.
User Santrack
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User Sagie
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Which economic system allows competition? a)Socialism b)Capitalism c)Communism d)Monopoly i believe it is a.
Sagie asked Jul 8, 2017
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