In three to four sentences, explain the effect of competition on the price of goods and services and whether this is a good thing for consumers.

Atavakoli asked Jul 27, 2023

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2 votes

In three to four sentences, explain the effect of competition on the price of goods and services and whether this is a

good thing for consumers.

Atavakoli asked Jul 27, 2023

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19 votes

Answer:

If there is more competition in a specific market then prices tend to lower. Which would be great for customers

Step-by-step explanation:

Zamena answered Aug 2, 2023

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