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Alexeev081 [22]
3 years ago
15

In a free enterprise system, competition benefits who?

Business
1 answer:
maks197457 [2]3 years ago
5 0
In a free enterprise system, competition is believed to benefit consumers and also workers. The idea is that the free enterprise system theoretically creates more jobs and also creates the most economic benefit and well being as a result of better prices and competition amongst firms in the system. 
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<h3>What is LIFO?</h3>

LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.

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To learn more about LIFO, please check: brainly.com/question/13779572

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