In capitalism what does competition do for consumers?

A. It limits the number of choices consumers have

B. It prevents consumers from being entrepreneurs

C. It lets consumers create monopolies

D. It keeps prices fair for consumers

Question

Business

King Mcfarland

16 June, 00:42

In capitalism what does competition do for consumers?

A. It limits the number of choices consumers have

B. It prevents consumers from being entrepreneurs

C. It lets consumers create monopolies

D. It keeps prices fair for consumers

+3

Answers (2)

Know the Answer?

Kamora Brown · Answer 1

D. It keeps prices fair for consumers

Deven · Answer 2

Answer by Mimiwhatsup: D. It keeps prices fair for consumers.

Why by Mimiwhatsup: Capitalism is often referred to as a free market economy a common type of socialism is communism.

In capitalism what does competition do for consumers?A. It limits the number of choices consumers haveB. It prevents consumers from being entrepreneursC. It lets consumers create monopoliesD. It keeps prices fair for consumers

In capitalism what does competition do for consumers?

A. It limits the number of choices consumers have

B. It prevents consumers from being entrepreneurs

C. It lets consumers create monopolies

D. It keeps prices fair for consumers