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Encourages businesses to be efficient in their use of resources?
Competition
Give you some example of competition?
There are many examples of competition such as the sale of like products by different businesses. You can also have competition to win sports games or musical competitions.
Since the free enterprise system guarantees that there will be competition in business what benefit does competition have for consumers?
Competition forces businesses to produce goods at a price people can afford-----(novanet)
How does the government encourage competition?
supporting new businesses anti trust legislation
What is the typical result of competition between businesses?
bette quality for lower price
Can competition be prevented?
No, competition can not be prevented. Competition is a part of life that helps to keep businesses going strong.
How consumers benefit from competition among businesses?
competition leads to lower prices
What eliminates competition among businesses?
Monopoly
What is it called when businesses seek to attract consumers dollars away from rival businesses?
competition
Which of these encoirages businesses to be efficient in their use of resources?
Competition
Encourages businesses to be efficient in their use of resources?
Competition
What do businesses believe that enviromental laws would do?
Divert funds and hurt businesses
Did Michelle Kwan get hurt in a competition?
Yes
The contest between businesses to win customers is called?
Competition.
What is the contest between businesses to win customers called?
Competition.
Why did some people believe a lack of competition would hurt consumers?
because your father lacked competition with your mom, i knew it hurt her so i banged her :D
This act was enacted in July of 1890 and made combining of businesses to prevent competition illegal?
The Sherman Antitrust Act was enacted in July 1890 and made combining of businesses to prevent competition illegal.
