One Possible Outcome of Promoting Competition Is

question 35

Multiple Choice

One possible outcome of promoting competition is

• A) higher prices.
• B) lower output.
• C) eliminating deadweight loss.
• D) regulated markets.
• E) less efficiency.

---

Definitions:

Regular Information

Data or facts that are routinely collected, processed, and used for analysis or decision making.

Management Accounting Systems

Systems used by businesses to provide managerial staff with financial data and analysis for decision-making.

Organisation's Strategy

The comprehensive plan and actions set by a business to achieve long-term goals and competitive advantage.

Business Environment

The combination of internal and external factors that influence a company's operating situation, including economic, legal, political, and technological aspects.