Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. Competition is the main regulator of the economy for the following reasons: a) firms do not follow different strategies in isolation; b) in a
1. Competition is the main regulator of the economy for the following reasons: a) firms do not follow different strategies in isolation; b) in a competitive war, firms interact with each other, forming a single system or community; c) In a competitive war, firms do not weaken, but strengthen their competitive positions; d) competition contributes to the achievement of the NPT; e) competition provokes stagnant processes in the economy. 2. The presence of competition in the market: a) has more negative consequences; b) has more positive consequences; c) is a bigger evil compared to a monopoly; d) promotes the abuse of firms by their position on the market; e) is a prerequisite for maintaining the dynamism of the economy
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started