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31 March, 14:16

Which effect is not a part of competition within the free market system?

higher-quality products

satisfied customers

greater efficiency

increased resources

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Answers (1)
  1. 31 March, 17:01
    0
    Increased Resources

    Explanation:

    In a free market system, due to its competitive between seller's nature, a higher-quality product will appear, because the consumer will buy the best option available. Trying not to lose its customers to its competitors, customer satisfaction will be considered a priority. Additionally, to be able to sell goods or offer services at a lower price without losing quality, greater efficiency will be chased. That leaves us with the last alternative: resources will not increase in a free market system. On the contrary, they will decrease because you will have more players in the game disputing those resources.
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