7
QuizMultiple Choice

Study Guide and Quiz

Question 7 • GA-Introduction to Business and Technology

In capitalism, what does competition do for consumers?

Answer
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.

Explanation

Competition encourages businesses to attract customers by offering better prices and products. This helps keep prices fair for consumers. The correct choice is “It keeps prices fair for consumers.”

AI-written and checked against the verified answer.

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