Answered

Which statement about competition is true?

Ait results in more economic choices for consumers
Bit allows most businesses to make a profit
Cit creates artificially high prices for products and services
Dit slows down innovation in the marketplace?

Verified Answer :

the answer to this question is a. it results in more economic choices for consumers. More competition means more business trying to please the consumers with some advantages in buying their products.
This will result in more options for the customers and the price will also relatively driven down by competitors.

alexpunturi369

Answer:

It results in more economic choices for consumers.

Explanation:

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