If the chimney sweep market became more competitive,one market change that would be expected is:
A)lower output.
B)higher costs.
C)higher profits.
D)lower prices.

Question

Quizplus · Accepted Answer

With increased competition, businesses may have to lower their prices in order to attract customers and remain competitive. This could lead to lower prices in the chimney sweep market.

If the Chimney Sweep Market Became More Competitive,one Market Change