Which of the following statements about competition is true?
A. Competition keeps producers from charging prices that are too high.
B. Competition is based upon a surplus of goods and services.
C. Competition guarantees a profit for each competitor.
D. Competition only works in a resource market, not a product market.

Question

Which of the following statements about competition is true?
A. Competition keeps producers from charging prices that are too high.
B. Competition is based upon a surplus of goods and services.
C. Competition guarantees a profit for each competitor.
D. Competition only works in a resource market, not a product market.

causticsyndicalist · Answer

E. Competition goes great with pineapple fart salads.

anonymous · Answer

I think A

causticsyndicalist · Answer

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jaynator495 · Answer

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