Which benefit of the American Free Enterprise System is best described in the statement "Prices will rise and fall according to the competition and the prices consumers will pay for products"?

a) variety of goods

b) responsive prices

c) economic freedom

d) government protection

i believe it is

c ...

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Pongo

7 March, 10:09

Which benefit of the American Free Enterprise System is best described in the statement "Prices will rise and fall according to the competition and the prices consumers will pay for products"?

a) variety of goods

b) responsive prices

c) economic freedom

d) government protection

i believe it is

c ...

+4

Answers (1)

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Mcdaniel · Answer 1

It is indeed C. Economic freedom.

This quote is one of the basics of establishing a free liberal capitalistic society where the government does not influence the market.

Which benefit of the American Free Enterprise System is best described in the statement "Prices will rise and fall according to the competition and the prices consumers will pay for products"?a) variety of goodsb) responsive pricesc) economic freedomd) government protectioni believe it isc ...