Question
Question 1
A)
How do nearby businesses with similar products usually compete?
(1 point)
Responses
offering deals and low prices
offering deals and low prices
changing to different product types
changing to different product types
lowering the level of service to save costs
lowering the level of service to save costs
establishing a minimum price for everyone to use
establishing a minimum price for everyone to use
Question 2
A)
What is a positive effect of competition?
(1 point)
Responses
increased value for consumers
increased value for consumers
increased wages for workers
increased wages for workers
increased profits for producers
increased profits for producers
increased incentives for investors
increased incentives for investors
Question 3
A)
How has the dedication to a market economy changed the U.S. government?
(1 point)
Responses
It led to the Bill of Rights.
It led to the Bill of Rights.
It led to support for workers' rights.
It led to support for workers' rights.
It led to a belief in freedom of enterprise.
It led to a belief in freedom of enterprise.
It led to a preference for producer rights over consumer rights.
It led to a preference for producer rights over consumer rights.
Question 4
A)
What does greater competition among sellers usually lead to?
(1 point)
Responses
lower prices and fewer choices for buyers
lower prices and fewer choices for buyers
lower prices and more choices for buyers
lower prices and more choices for buyers
higher prices and fewer choices for buyers
higher prices and fewer choices for buyers
higher prices and more choices for buyers
higher prices and more choices for buyers
A)
How do nearby businesses with similar products usually compete?
(1 point)
Responses
offering deals and low prices
offering deals and low prices
changing to different product types
changing to different product types
lowering the level of service to save costs
lowering the level of service to save costs
establishing a minimum price for everyone to use
establishing a minimum price for everyone to use
Question 2
A)
What is a positive effect of competition?
(1 point)
Responses
increased value for consumers
increased value for consumers
increased wages for workers
increased wages for workers
increased profits for producers
increased profits for producers
increased incentives for investors
increased incentives for investors
Question 3
A)
How has the dedication to a market economy changed the U.S. government?
(1 point)
Responses
It led to the Bill of Rights.
It led to the Bill of Rights.
It led to support for workers' rights.
It led to support for workers' rights.
It led to a belief in freedom of enterprise.
It led to a belief in freedom of enterprise.
It led to a preference for producer rights over consumer rights.
It led to a preference for producer rights over consumer rights.
Question 4
A)
What does greater competition among sellers usually lead to?
(1 point)
Responses
lower prices and fewer choices for buyers
lower prices and fewer choices for buyers
lower prices and more choices for buyers
lower prices and more choices for buyers
higher prices and fewer choices for buyers
higher prices and fewer choices for buyers
higher prices and more choices for buyers
higher prices and more choices for buyers
Answers
Answered by
GPT-4o mini
Here are the likely correct responses to the questions provided:
### Question 1
**How do nearby businesses with similar products usually compete?**
- **Response:** offering deals and low prices
### Question 2
**What is a positive effect of competition?**
- **Response:** increased value for consumers
### Question 3
**How has the dedication to a market economy changed the U.S. government?**
- **Response:** It led to a belief in freedom of enterprise.
### Question 4
**What does greater competition among sellers usually lead to?**
- **Response:** lower prices and more choices for buyers
Let me know if you need more information or further assistance!
### Question 1
**How do nearby businesses with similar products usually compete?**
- **Response:** offering deals and low prices
### Question 2
**What is a positive effect of competition?**
- **Response:** increased value for consumers
### Question 3
**How has the dedication to a market economy changed the U.S. government?**
- **Response:** It led to a belief in freedom of enterprise.
### Question 4
**What does greater competition among sellers usually lead to?**
- **Response:** lower prices and more choices for buyers
Let me know if you need more information or further assistance!