All of the above responses are correct. Competition can lead to increased value for consumers as businesses strive to offer better products and services at competitive prices. It can also lead to increased wages for workers as companies may need to attract and retain talented employees to stay competitive. Additionally, competition can drive increased profits for producers who are able to outperform their competitors. Finally, competition can create increased incentives for investors as they seek to invest in businesses that have a competitive edge in the market.
