3 years ago

In capitalism, what does competition do for consumers?

Business

2 answers:

max2010maxim [7]3 years ago

8 0

It keeps prices fair for consumers who are trying to buy there products.

- R3KTFORGOOD ☕

asambeis [7]3 years ago

7 0

Competition of different companies gives consumers a wider variety of products to choose from when buying. For example, if a rival company of a lawnmower company joins in, they would be contesting for consumers who are trying to buy a new lawnmower. This may lead to the companies trying to compete by offering different services, warranty, lower prices, etc.

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eimsori [14]

Answer:

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Explanation:

Calculation to determine What is the largest possible total contribution margin that can be realized each period

First step

L =120/10

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Now let the largest possible total contribution margin

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Largest possible total contribution margin C= 112*7500 units

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