Increased competition in the market will _______
Q. Increased competition in the market will _______
A. Reduce the profit margin
B. Increase the tax
C. Increase the profit
D. Increase the cost of production
Answer: Reduce the profit margin
A. Reduce the profit margin
B. Increase the tax
C. Increase the profit
D. Increase the cost of production
Answer: Reduce the profit margin