What is the struggle among producers for consumer dollars called? self-interest competition incentive laissez faire

History

2 answers:

Anika [276]2 years ago

7 0

Competition is the answer

mel-nik [20]2 years ago

6 0

The correct answer is: "competition" .

When several firms operate in a market there is competition. They all aim to gain the largest market share (proportion of total consumers) as possible.

If one the firms offers the same product at a lower price, many consumers will leave other suppliers and buy the product from that cheaper competitor. Other firms are forced to lower the price too, not to lose all the customers on behalf of the first, or to increase the quality or attractiveness of its products so that consumers stay, instead of switching to the other cheaper option.

You might be interested in

Explain why by the late 1800s there seemed to be two americas east and west

Luba_88 [7]

There seemed to be two Americas because each side was very different. The east was more urban. It had more cities. The west was more rural and agricultural.

5 0

2 years ago

In December 19 56 the Supreme Court and did the book the bus boycott by ruling that

horrorfan [7]

In December 1956, the US Supreme Court ratified the decision on the Browder v. Gayle case by which the laws in Montgomery and in Alabama that allowed segregation in public tranport services, were declared unconstitutional, after the city and the State of Alabama had appealed. Such decision was previously adopted by the three-judge panel of the US District Court for the Middle District of Alabama on Montgomery

4 0

2 years ago

South Carolina has plenty of loop interstates, but no spurs. TrueFalse

dangina [55]

Answer:

i would say it would be true but i dont know.

Explanation:

3 0

2 years ago

Which of these was an effect of the terrorist attacks of September 11, 2001, on the current federal immigration guidelines

Masja [62]

From the moment the first plane hit the North Tower, the immigration system in the United States was destined to change.

The attacks on September 11, 2001 certainly didn't start the country's immigration debate, but it did alter the course of the discussion.

Immigration was already a staple of the nightly news through the 1990s into the 2000s. After a series of free trade agreements realigned economies in Mexico and Central America, millions of migrants headed to northern Mexico and the U.S. looking for work.

"After 9/11, the Bush administration tried to see immigration enforcement as a way to fight terrorism," Burnham said. "And it's just not."
so the answer D

8 0

2 years ago

This U.S. agency enforces environmental regulations, which helps people interact with the environment in sustainable ways.

Murrr4er [49]

The correct answer to the question is Environmental Protection Agency. The U.S. agency, Environmental Protection Agency, enforces environmental regulations, which helps people to interact with the environment in sustainable ways. Environmental Protection Agency also protects the human health and handles the legality of actions towards environment and health.

5 0

2 years ago