________ must be present if companies are going to be motivated to offer consumers lower prices.
Government regulations
Freedom of choice
Competition
Profits
Freedom of choice and competition
Correct Answer:
Verified
Q101: In a market with perfect competition
buyers and
Q102: Which of the following is correct?
In perfect
Q103: An outcome of competition is that business
Q104: Brown Company wants to have an advantage
Q105: Individual ownership of property is a key
Q107: Competition like that between Tide and Cheer,
Q108: A motive to start a business is
Q109: Market economies that rely on a private
Q110: Private enterprise requires which four elements to
Q111: Which one of the following is the
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