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Why did some people believe a lack of competition would hurt consumers?
Wiki User
∙ 11y ago
because your father lacked competition with your mom, i knew it hurt her so i banged her :D
Wiki User
∙ 11y ago
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Why did some people believe that lack of competition would hurt consumers?
Theoretically, competition keeps prices low because various firms vie for the business of consumers. When they compete, they attempt to win a larger market share by lowering prices. Therefore, if competition is lacking, prices will increase. Take a monopoly for example. No competition means they can set really high prices.
Explain how a reduction in the amount of sunlight in an ocean ecosystem could cause greater competition among the consumers?
Less sunlight would likely result in fewer producers. A decrease in producers would cause greater competition among consumers for the decreased food supply.
Who made 2012 predictions and do you believe any of the predictions will come to reality?
It is nothing more then a myth and a marketing gimmick used by various people to create instant consumers (consumers here refer to ppl who would consume the information)
Would you consider people to be producers consumers or both?
no
Which trophic level would horses belong?
I believe Primary. Not absolutely sure.
What methods did ruthless business operatorues ues to eliminate their competition?
Ruthless business people would lower their prices to put their competition out of business. Once their competition was gone, they would raise their prices.
Why would anyone want to enter a profitable industry knowing that profits would eventually be eliminated by competition?
It is not certain that anyone's profits will eventually be eliminated by competition; it is in the nature of competition that you have a chance of winning, as well as a chance of losing. And lots of people enjoy competition.
What is Balance constitution?
The most balanced phrase ever: "Do on to others as you would have done on to you" I believe 99% of the people would abide by this. Money is the obstacle. Money makes things unfair and competative. Competition makes the power which is a never ending cycle.
Should competition a group of companies or a standards-setting body decide the best operating system for smart phones?
A standards-setting body would be better. They would be independent from the phone companies - and thus have the consumers interests. Competition between companies simply 'squeezes out' those who refuse to conform with the majority decisions.
What people would worship dionysus?
People who would believe in him. Could be anyone.
What would happen if two people who never laughed had a competition to see who would laugh first?
supposedly nothing.
What does monopaly mean?
If there was no monopaly then there would be no competition with no competition then there would be no monopaly
