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According to Smith how does competition in an industry directly benefit the public

User Skeept
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2 Answers

3 votes

Answer:

The public will see lower prices as companies compete for customers.

Explanation

took test

User Sun Love
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6 votes

Answer:

The public will see lower prices as companies compete for customers.

Step-by-step explanation:

The competition between the different companies would cause them to have to lower the costs of their products so that more customers would come to their store, lower prices makes it easier for low income families to get what they need/want.

I hope this helps!! :)

User Zpr
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