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What happens to the market is that
without competition the price of the product will be increased, which means the consumers will need more money for the needed product, as according to the 'law of demand' when the price of a product increases rapidly the country will suffer from the deflation.
What else can I help you with?
What is the result of competition between sellers?
Lower prices.
What is the typical result of competition between businesses?
bette quality for lower price
Why is specialization a common result of free trade?
competition encourages countries to specialize in what they do best
Which condition is a result of open competition in a free market system?
Higher quality goods
What was one result of the competition between newspapers for readers in Atlanta?
Hoke Smith was elected governer
What problem occurred as a result of unanticipated urbanization?
One problem that occurred as a result of unanticipated urbanization is overcrowding. Cities that experience rapid and unplanned growth often struggle to accommodate the influx of people, leading to inadequate housing, strained infrastructure, and increased competition for resources. This can result in a decline in living standards and social unrest.
True or false an inadequate supply of calcium in the early years may result in a child who is shorter and less intellectually-able?
an inadequate supply of calcium in the early years may result in a child who is shorter and less intellectually-able?
Which of these is likely to result in the most competition?
The list of choices posted along with the question doesn't include anything that's likely to result in any competition at all.
What is the result of competition between sellers?
Lower prices.
What is formed as the result of inadequate carbohydrate consumption?
Inadequate carbohydrate consumption can lead to low energy levels, weakness, fatigue, and potentially ketosis, where the body breaks down fat for energy. Long-term low carbohydrate intake may also lead to nutrient deficiencies and impact overall health.
What is the result of direct competition in nature?
Extinction of the loosing species
Scarcity of resource and a growing population are most likely to result in?
Competition
What may happen over time as result of competition?
You lose the game
What is inadequate living space?
Inadequate living space refers to a situation where the available space in a living environment is insufficient or inadequate to meet the needs of the residents. This can result in overcrowding, lack of privacy, and compromised living conditions. It can also lead to physical and mental health issues for the occupants.
After-action reports from ineffective incident responses find that response problems are far more likely to result from?
Inadequate management
Write about what makes a competition unfair?
A competition can be unfair if there is favoritism shown towards certain participants, unequal access to resources or information, or if rules are not applied consistently. Other factors that can contribute to unfairness include discrimination, lack of transparency, and inadequate oversight of the competition process. Ultimately, fairness in a competition is crucial to uphold the integrity and credibility of the event.
What is the typical result of competition between businesses?
bette quality for lower price
