Final answer:
Economic growth typically leads to increased profits for businesses because consumer spending tends to increase, creating a favorable market with higher potential revenue, despite possible increases in competition.
Step-by-step explanation:
Economic growth is most likely to result in a.increased profits for a business. During periods of economic expansion, consumers tend to have more disposable income, which can lead to higher spending on goods and services. This creates a favorable environment for businesses, potentially leading to larger market shares and higher revenue. While economic growth may also result in increased competition as more firms enter the market to capitalize on the opportunity, the overall demand tends to rise, outweighing the effect of more competitors. Additionally, this growth does not inherently mean lower production costs or reduced consumer demand; these outcomes are more closely tied to technological advancements and changes in market supply and labor costs respectively.