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Question
question 11 of 15
what is one result of competition?
select an answer from the options below.
a higher taxes from the government
b an increase in job creation
c more buying options for customers
d a reasonable profit margin
this question is required.
In a competitive market, businesses strive to attract customers. To do so, they often offer a variety of products or services, leading to more buying options for customers. Option A: Higher taxes are not a direct result of competition. Option B: Job creation can be a result, but it's more indirect compared to the immediate effect of more buying options. Option D: Profit margins can be affected by competition, but it's not a guaranteed or primary result like more buying options.
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C. more buying options for customers