The lesser the competition, the greater the choice available to consumers.

Question

Quizplus · Accepted Answer

The statement is not logically correct. It should be "The greater the competition, the greater the choice available to consumers". When there is more competition in the market, businesses tend to differentiate themselves by offering a wider range of products, services, and prices to attract consumers. As a result, consumers have more options to choose from.

The Lesser the Competition, the Greater the Choice Available to Consumers