How does competition benefit consumers (econ)​

Answer: cheaper goods

Explanation: it's possible that competition markets may lower prices than others so they could sell more

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how does competition benefit consumers?

Competition is good to consumers in any market, it helps in price reduction which consumers prefers. Also there is room to go elsewhere if the quality and quantity of such goods are not maintained which allows customers to patronize other seller in the same market with a lower price  


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