Questions LLC
Login
or
Sign Up
Ask a New Question
Economics
Market Dynamics
Competitiveness
What does greater competition among sellers usually lead to?
1 answer
Greater competition among sellers usually leads to lower prices, improved quality of products or services, increased innovation, and greater consumer choice.
You can
ask a new question
or
answer this question
.
Related Questions
What is the main purpose of a market?
a. to allow people to exchange goods and services b. to set prices for goods and services
When do the laws of supply and demand have less effect on prices?
a) when a good or service is new b)when outside factors cause
Two laughing gulls are fighting over a sandwich left on the beach by a swimmer. This is an example of _________.(1 point)
What does greater competition among sellers usually lead to?
(1 point) Responses lower prices and fewer choices for buyers lower
What does greater competition among sellers usually lead to?
A:Lower prices and fewer choices for buyers B:Lower prices and more
When are equilibrium prices achieved?
(1 point) Responses when demand is greater than supply when demand is greater than supply
5 of 55 of 5 Items
Question What does greater competition among buyers usually lead to? (1 point) Responses resources going to
In monopolistic competition, how does product differentiation and advertising affect consumer choices and market dynamics? (1
Two laughing gulls are fighting over a sandwich left on the beach by a swimmer. This is an example of _________.(1 point)
Respons
ompetition between trademarks is sometimes called__________. (1)
A. generic competition B. product form competiton C.