In theory,______________acts as a balance to excessive profits.When producers vie with one another for customers,they must be able to offer innovative goods and services at aggressive prices.

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Competition among producers is a key concept in capitalism, which serves as a balance to excessive profits. When companies compete for customers, they must offer high-quality goods and services at affordable prices, leading to innovation and greater consumer choice. In contrast, communism (B) is an economic system in which the government owns and controls all property and resources, while conspicuous monopoly (D) refers to a situation in which a single company dominates a particular market without having produced better goods or services.

In Theory,______________acts as a Balance to Excessive Profits