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What else can I help you with?
How does living in an isolated area help penguins survive?
They don't have any competition for food or shelter.
What is a major struggle among organisms to obtain the resources that they need to survive?
Competition for limited resources, such as food, shelter, and mates, is a major struggle among organisms. This competition can drive evolutionary adaptations and behaviors that help individuals improve their chances of resource acquisition and ultimately survival.
Are spiders first level consumer?
No, spiders are typically considered second-level consumers in the food chain, as they primarily feed on first-level consumers like insects. They play a crucial role in controlling insect populations in ecosystems.
A lion is an example of a group of consumers called?
A lion is an example of a carnivore consumer, which is a group of consumers that primarily feeds on meat.
Are animalia decomposers?
Yes, some animals are decomposers. Insects like beetles and flies, as well as small mammals like shrews, help break down organic matter in the environment by feeding on dead plants and animals. They play a crucial role in the decomposition process.
What is the impact of international competition?
International competition allow consumers to have more options when it comes to products. They also help prices fall because the market is more competitive.
How consumers benefit from competition among businesses?
competition leads to lower prices
How do consumers benefits from competition among business?
competition leads to lower prices
What gives consumers more options?
Competition
What level of competition is most beneficial for consumers?
oligopoly
What motivates Market economys?
Competition within industries motivates a market economy. With more options, consumers will spend money on the products they want, which will help the economy.
Economic rivalry among sellers for the consumers' dollars is called?
competition
What is a statement about competition is true?
Competition can drive innovation and improvement in products and services, leading to better options for consumers. It can also provide motivation for businesses to operate efficiently and strive to differentiate themselves in the market. Additionally, competition can help prevent monopolies and promote fair market practices.
Competition benefits consumers by insuring what?
Competition benefits consumers by ensuring a variety of products and services to choose from at a fair price. Competitors will often run sales or specials on their goods, which leads to savings for the consumer.
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.
What are advantages of competition?
Competition stimulate innovation. It also forces the prices of products to go down over time. With competition, consumers can pay reasonable rates for products.
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)
