17
QuizMultiple Choice

Competition and Free Enterprise — Quiz

Question 17 • Economics

Competition happens when two or more businesses

Answer
A
fight for the same benefit or gain.
B
work together to achieve success.
C
follow regulations from an agency.
D
complement one another.

Explanation

Competition occurs when businesses seek the same customers, resources, or other advantages, so each is trying to gain something the others also want. That matches “fight for the same benefit or gain.” Working together or complementing one another describes cooperation, not competition.

AI-written and checked against the verified answer.

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