answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: How does lack of competion hurt consumers?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

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


What is the difference between perfect competion and imperfect competion?

perfect competion is a situation where the are many suppliers in the field


Which region was hurt during the civil war because of its lack of innovation?

The south was hurt because of its lack of innovation. Source: U.S. History teacher


What are the limitations of the demand forecasting models?

the limitations of the demand forecasting include the following: change in fashion consumers Psychology uneconomical lack of experts lack of past data


Why are there relatively few third level consumers like bears in an ecosystems?

Because people hurt third level consumers


How consumers take advantage of businesses?

they take advantage of their lack of knowledge of the product.


. Which part of an ecosystem would be hurt if humans overhunted an herbivore?

secondary consumers


Which part of an ecosystem would be hurt if human overhunted a herbivore?

secondary consumers


What is balanced competition?

A Balanced competion is where everyone has an equal chance (in the competion).It would be unfair is the:GenderAgeWeightSkillWas un-even.


What does seed dispersal?

competion for the plant.


How do tariffs hurt consumers?

the tariff raised prices of prouducts causing them to have to pay more for products


How did monopolies harm consumers?

Monopolies harmed consumers in the sense that they had complete control over a certain market. They can increase prices as they wish and since there is no competition, consumers are forced to pay these high costs. Monopolies also harm consumers because the lack of competition leads to the lack of innovation which therefore causes no improvement in products. Lastly, products can be made of low quality but since there is no competition people will be forced to buy them.