Multiple choice

Competition helps keep ______ low and _______ high.

  1. Quality, Price

  2. Price, Quality

  3. Supply, Demand

  4. Demand, Supply

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Competition forces businesses to improve their offerings to attract customers, which generally leads to lower prices and higher quality products. If prices were high and quality low, consumers would likely switch to a competitor.