Answered

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In a market economy, which of the following is MOST LIKELY to benefit consumers?
A
a decrease in the supply of a product
B
a rise in interest rates
С
industrial monopolies
D
competition among producers

Sagot :

i think it should be b because interest hives money back to the ppl but competition can also stimulate economic growth

Customers will be largely benefitted from competition among producers. Thus, Option D is correct.

How customers will be gaining from competition in market?

Increased competition in the market among the producers will benefit the customers by providing them with low-priced products of the highest quality. The competition will stimulate growth in the market.

Hence, Customers will be largely benefitted from competition among producers. Thus, Option D is correct.

learn more about competition in market:

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