hiloarioalvard1320
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Which situation is the best example of competition in an economic system? A restaurant just opened down the block from a movie theater, and the restaurant owner hopes to attract diners after each movie. A small CD store slashed its prices to attract customers from a larger store that sells CDs and DVDs. A store that sells sneakers has offered a special deal to customers from a nearby health club. A federal agency has been created to monitor the production and distribution of food supplements.

Respuesta :

THE CORRECT ANSWER IS B.) A small CD store slashed its prices to attract customers from a larger store that sells CDs and DVDs. on ED2020
adeoladokun31

A small CD store slashed its prices to attract customers from a larger store that sells CDs and DVDs is a situation that best explain competition in an economic system.

What is Competition?

Competition refer to a situation which caused rivals between two individuals or companies who are striving to achieve the same profit or goal that is not sharable or goal that will be for one individual alone. When n one gains, the other person will loose.

Competition can occur between individuals, organisms, companies or groups.

Therefore, A small CD store slashed its prices to attract customers from a larger store that sells CDs and DVDs is a situation that best explain competition in an economic system.

Learn more about competition from the link below.

https://brainly.com/question/18994350

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