History, 25.02.2021 20:40 cnejcnefjvefven47

Apple and Samsung both have a strong incentive to keep updating their products and coming up with new ones. In economics, what do we call the incentive for businesses to compete for customers?
a. Public Goods
b. Perfect Competition
c. Profit Motive
d. Consumer Sovereignty

Answers: 3

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Apple and Samsung both have a strong incentive to keep updating their products and coming up with new ones. In economics, what do we call the incentive for businesses to compete for customers? a. Public Goods b. Perfect Competition c. Profit Motive d. Consumer Sovereignty

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Another question on History

Apple and Samsung both have a strong incentive to keep updating their products and coming up with new ones. In economics, what do we call the incentive for businesses to compete for customers?
a. Public Goods
b. Perfect Competition
c. Profit Motive
d. Consumer Sovereignty