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Which of the following principles of the American Free Enterprise System means that consumers have a wide variety of choices when purchasing goods and services? A. Competition B. Profit Motive C. Voluntary
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Which of the following principles of the American Free Enterprise System means that consumers have a wide variety of choices when purchasing goods and services?

A. Competition
B. Profit Motive
C. Voluntary Exchange
D. Private Property Rights

User Neeraj Negi
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1 Answer

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It would be "A. Competition" that means that consumers have a wide variety of choices when purchasing goods and services, since producers "compete" to create the best, most affordable products.
User MBender
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