HELP ME WITH ECON HW!
"Competition encourages entrepreneurs to find new ways of producing goods and services. This statement MOST
CLOSELY relates to which of the advantages shown in the concept web?
Efficient response to
changing marketplace
conditions
Freedom of choice for
consumers and producers
ADVANTAGES OF
THE FREE MARKET
Variety of goods
and services
Growth and innovation
Select one:
a. variety of goods and services
b. efficient response to changing marketplace conditions
c. choice for consumers and producers
d. growth and innovation
Answers: 3
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HELP ME WITH ECON HW!
"Competition encourages entrepreneurs to find new ways of producing goods and...
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