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lara31 [8.8K]
3 years ago
11

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

History
2 answers:
Anika [276]3 years ago
7 0
Competition is the answer
mel-nik [20]3 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.

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We need to be attentive for the conditions of equipment and tools used for the purpose of making icing because any defect in the tool can destroy the decoration over the icing.

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  • To make effective and decorative designs on the cakes or pudding one has to check the effectiveness of the tools and equipment used for icing.

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brainly.com/question/22909204

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How did they signify the colonist' relationship to Britain?
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