1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dusya [7]
3 years ago
15

How does competition benefit consumers (econ)​

Business
2 answers:
balandron [24]3 years ago
6 0

Answer: cheaper goods

Explanation: it's possible that competition markets may lower prices than others so they could sell more

adelina 88 [10]3 years ago
4 0

Answer:

how does competition benefit consumers?

Competition is good to consumers in any market, it helps in price reduction which consumers prefers. Also there is room to go elsewhere if the quality and quantity of such goods are not maintained which allows customers to patronize other seller in the same market with a lower price  

Explanation:

You might be interested in
In the united states, say gasoline costs consumers about $2.50 per gallon. in italy, say it costs consumers about $6 per gallon.
Nata [24]
What are the answer choices?
7 0
3 years ago
In making about what to consume, person's goal is to​
Inessa05 [86]

Answer:

allocate her limited income among all the products she wishes to buy so that she receives the highest total utility is the correct answer.

Explanation:

5 0
3 years ago
Fayez performs professional services similar to those of a management accountant, while working for the city of portland. fayez
crimeas [40]
<span>fayez can best be described as a </span>government accountant.
Government's accountant main duty is to make sure that the government's spending has been efficiently used.
This is similar to management accountant's main duty to make sure company's operation is according to the budgeting plan.
8 0
3 years ago
Walmart has exceptional logistics, but in 2014, Walmart was criticized for unusual shortages. Customers complained, saying they
iVinArrow [24]

Answer:

It is Control the inventory process (B)

Explanation:

Control the inventory process : Unusual shortage of products on Walmart shelves is an evidence of poor inventory control system.

The deficiencies in the system must be identified and then appropriate corrective control system to address them must be put in place.

A system that prevent stock-out on the shelves must be adopted and its compliance must be enforced.

5 0
3 years ago
On April 1, year 1, Mary borrowed $130,000 to re-finance the original mortgage on her principal residence. Mary paid 1 points to
Simora [160]

Answer:

Mary can deduct $1,300 in year 1 for her points paid.

Explanation:

a) Data and Calculations:

April 1, Amount borrowed by Mary to refinance the original mortgage on her principal residence = $130,000

Payment of 1 points to reduce Mary's interest rate from 7% to 6% amounts to 1% of $130,000 = $1,300.

b) Mary paying 1 points is beneficial to her since her interest cost is reduced from 7% to 6%.  This implies that her total finance cost at the end of the 30-year period will be reduced.

4 0
3 years ago
Other questions:
  • The year-end 2018 balance sheet of Brandex Inc. listed common stock and other paid-in capital at $1,400,000 and retained earning
    14·1 answer
  • On January 1, Year 1, Li Company purchased an asset that cost $45,000. The asset had an expected useful life of five years and a
    13·1 answer
  • Growing pains can arise from implementing a matrix organization due to
    9·2 answers
  • 19. The usefulness of a product to consumers is referred to as product:
    14·2 answers
  • An initial license is issued in October of 2015. When must the license be renewed in order to prevent expiration?
    13·1 answer
  • Ethan's Eggroll House, a calendar year corporation, purchased a new computer and printer in January for $1,500. In February, the
    9·1 answer
  • Which should Jill do to increase her credit score?
    13·2 answers
  • Which of the following is considered the more industrial version of hunting?
    10·1 answer
  • In the field of economics, the additional cost associated with one more unit of something is called a(n)?
    15·1 answer
  • Effectively communicating the strategic vision to company personnel is important because:__________
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!