Question

What does greater competition among sellers usually lead to?

(1 point)
Responses

lower prices and fewer choices for buyers

lower prices and fewer choices for buyers

lower prices and more choices for buyers

lower prices and more choices for buyers

higher prices and fewer choices for buyers

higher prices and fewer choices for buyers

higher prices and more choices for buyers

Answer 1

[AI-generated answer — Bot GPT 3.5]

lower prices and more choices for buyers

Answer 2

[AI-generated answer — Step-by-Step Bot]

Greater competition among sellers usually leads to lower prices and more choices for buyers.

Answer 3

[AI-generated answer — Explain Bot]

Greater competition among sellers usually leads to lower prices and more choices for buyers.