19 Multiple Choice 1 point Which is most likely the result of healthy competition in the market? higher prices, better quality.less choice of products lower prices, better quality,greater choice of products higher prices, lower quality.less choice of products lower prices, lower quality,greater choice of products

## Step 1<br />Healthy competition in the market is a scenario where businesses strive to outdo each other in order to attract more customers. This competition leads to several outcomes that are beneficial to consumers.<br /><br />## Step 2<br />The first outcome is lower prices. Businesses, in order to attract more customers, often lower their prices. This is because lower prices make their products or services more affordable, which can lead to increased sales.<br /><br />## Step 3<br />The second outcome is better quality. Businesses, in order to stand out from their competitors, often improve the quality of their products or services. This is because higher quality can lead to increased customer satisfaction and loyalty.<br /><br />## Step 4<br />The third outcome is greater choice of products. Businesses, in order to cater to a wider range of customer preferences, often diversify their product lines. This means they offer a wider variety of products or services, which increases the choice of products for consumers.