Question

Which of the following statements is true regarding competition?. . A) Competition among buyers decreases sellers' profits.. . C) Competition among buyers limits the cultural diffusion of products.. . B) Competition among sellers decreases the variety of products.. D) Competition among sellers can help drive prices down.

Answer 1

The statement that is true regarding competition is : D. Competition among sellers can help drive prices down.

in a competition, those sellers will fight to grab consumer's attention. One of the most effective way to do that is by lowering the price of their product

hope this helps

Answer 2

Answer:

the answer is d my peeps! i did the test and got 100!

Explanation: