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LekaFEV [45]
2 years ago
8

Why do businesses compete in free enterprise system?

Business
1 answer:
Bingel [31]2 years ago
3 0

Answer:

Businesses in free enterprise systems compete with each other to produce better products at better prices. Competition leads to innovation, new ideas and a more competitive market. Competiting allows businesses to control themselves and their ideas in an <em>efficent manner. </em>

<em>However, competition in the free enterprise systmem leads to lower wages and income.</em> It leads to the best product at the lowest price. It leads to a variety of products available to the consumer.

<u>if you liked my answer please mark me as brainliest !! thanks <3 !!</u>

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When a dividend is not declared on preferred stock, and the common share­holders cannot receive a dividend until all past and cu
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Answer:

cumulative.

Explanation:

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4 0
3 years ago
The total cost of Jurislon to be purchased in August is: Multiple Choice $1,839,600 $1,208,700 $1,014,300 $1,017,000
ivann1987 [24]

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3 0
4 years ago
Because successive units of a good produce less and less additional satisfaction, the price must fall to encourage a buyer to pu
lubasha [3.4K]

Answer:

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6 0
3 years ago
How Carnegie used vertical integration to reduce competition and make his business more profitable?
fomenos
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If the price of gasoline increases, most likely, ceteris paribus, the result will
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A

Explanation:

4 0
3 years ago
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