Medals & Fan:
Which of the following statements is true regarding competition?

A) Competition among buyers decreases sellers' profits.

C) Competition among buyers limits the cultural diffusion of products.

B) Competition among sellers decreases the variety of products.
D) Competition among sellers can help drive prices down.

Question

Medals & Fan:
Which of the following statements is true regarding competition?

A) Competition among buyers decreases sellers' profits.

C) Competition among buyers limits the cultural diffusion of products.

B) Competition among sellers decreases the variety of products.
D) Competition among sellers can help drive prices down.

helder_edwin · Answer

D

anonymous · Answer

@jabez177 i want your opinion just to make sure...

jabez177 · Answer

D is actually right ! I'm POSITIVE on this ! That's the answer I'd go with !

anonymous · Answer

I agree with that guy yeah thats what i thought and thanks!!

jabez177 · Answer

Because then they'll end up lowering the prices then other people will buy then the other people will lower is then on and on... xD

jabez177 · Answer

You're welcome !

anonymous · Answer

Ya lol! XD