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How does competition benefit consumers (econ)​

User Bibangamba
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2 Answers

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Answer: cheaper goods

Explanation: it's possible that competition markets may lower prices than others so they could sell more

User Zeeshan Ahmad II
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Answer:

how does competition benefit consumers?

Competition is good to consumers in any market, it helps in price reduction which consumers prefers. Also there is room to go elsewhere if the quality and quantity of such goods are not maintained which allows customers to patronize other seller in the same market with a lower price

Step-by-step explanation:

User Evgeny Gavrin
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