desboss18 desboss18

22-03-2020
Business

contestada

How do consumers benefit in a highly competitive market?
es )
A shortage will result.
A surplus will result.
They will pay lower prices for quality goods.
They will pay higher prices for low quality goods.

Respuesta :

abushkheidem abushkheidem

22-03-2020

Answer:

They will pay lower prices for quality goods.

Explanation:

Competition drives higher quality while also driving prices. Demand increases with a decrease in price and competition will create the higher quality.

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