In the context of the ways in which consumers are treated, competition in the marketplace serves to protect consumers.

Question

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Competition among businesses forces them to improve the quality of their products or services and offer them at reasonable prices in order to attract customers. This benefits consumers by providing them with more choices, better quality products, and lower prices. Furthermore, businesses must adhere to strict standards of customer service in order to maintain their competitive edge. Overall, competition in the marketplace results in greater consumer protection.

In the Context of the Ways in Which Consumers Are