Question

what is one downside for consumers to competition in a free-enterprise system?
○ consumers must be knowledgeable.
○ consumers have limited choices.
○ the quality of goods often suffers.
○ the price of goods often decreases.

Explanation:

In a free - enterprise system with competition, there are many products and services. Consumers need to be knowledgeable to compare quality, prices, and features. Limited choices is incorrect as competition usually increases choices. Quality suffering is wrong as competition often drives better quality. Price decrease is a benefit, not a downside. So the correct option is the one about consumers needing to be knowledgeable.

Answer:

A. Consumers must be knowledgeable.