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Gucchi:
(06.02 MC) Which of the following statements is true regarding competition? Competition among buyers decreases sellers' profits. Competition among buyers limits the cultural diffusion of products. Competition among sellers decreases the variety of products. Competition among sellers can help drive prices down.
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Gucchi:
Am I right with D?
Gucchi:
@salttheloser
SaltTheLoser:
yes you are
SaltTheLoser:
cause when you have multiple companies selling the same product, the one with the lowest price will be bought the most
Gucchi:
Hmm, true, thank you so much
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SaltTheLoser:
yw
Gucchi:
I have like a few more questions
SaltTheLoser:
i gtg lol i can answer when I come back
Gucchi:
Aww maaan, its just 4 more
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