40.5k views
4 votes
How does competition benefit the general economy?

A. Lower prices
B. Decreased supply
C. More regulations
D. Less innovation

User Nore
by
3.7k points

2 Answers

6 votes

Answer:

A. Lower prices can benefit the general economy.

User Javier
by
3.5k points
4 votes
C. More regulations, this keeps competition fair to avoid exploitation

(‘A’ only benefits consumers as they keep more money to themselves rather than it circulating through the economy)
(‘B’ and ‘D’ it’s pretty obvious that isn’t the case)
User Squazic
by
3.5k points