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1. Drives people to work harder and faster
2. Pushes people to improve their skills and knowledge
3. Encourages finding new and better ways of doing things
4. Eliminates unproductive or inefficient competitors
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Disadvantages of free trade?
increases competition increase unemployment economic restructuring increases competition increase unemployment economic restructuring
What could be an advantage of competition in science?
Competition can increase the pace of scientific advancement.
Competition within a pack of wolves may increase if there is an increase in the?
Population
What effect will technology have on human resource?
There will be a increase in competition and there will be increase in opportunities. webmaster at service.ztronics.com
How does competition and marketing work together to increase the nations standard of living?
Competition leads to innovation and the creation of improved products. Also, competition and marketing lead to decreased prices. Both these factors increase a nation's standard of living.
What happens to prices as competition increases?
usually will increase as well
How does a monopoly increase a corporation profit?
by eliminating competition to control prices
What change would increase competition among the squirrel population in a certain area?
A temporary increase in the squirrel reproduction rate
Which reduces competition in an industry?
Patent laws, Freedom of entry for new firms, An increase in the number of producers , An increase in the number of buyers
What is one effect of effect of immigration on population living in an ecosystem?
The population will decrease-- APEX
How doe competition increase stability in an ecosystem?
Competition keeps populations balanced in an ecosystems. it keeps populations balanced
How does competition increase stability in ecosystem?
It keeps population balanced. Apex bru
