Question

High quality goods and services are made available to consumers because of producers __________. A. hold self-interests B. would like to compete C. look for subsidies D. specialize in production Please select the best answer from the choices provided A B C D

Answer 1

Answer:

The best answer is option (B) Producers would like to compete

Explanation:

Competition is the process which producers, companies and individuals in the same niche or same line of business compete (try to outshine) against one another. Parties involved in competition are regarded as competitive.

Competitive producers would go lengths to ensure that they produce high-quality goods and services in other to dominate a market because consumers cherish quality goods and services.