which describes an example of the economic system known as free enterprise?\npeople are free to shop around…

which describes an example of the economic system known as free enterprise?\npeople are free to shop around for products, but manufacturers dictate what is available.\npeople are free to shop for the best price on products because there is open competition.\ngovernment oversight of business gives people freedom to shop for the best deals.\ngovernment regulations ensure that everyone has the freedom to shop for the best deals.

which describes an example of the economic system known as free enterprise?\npeople are free to shop around for products, but manufacturers dictate what is available.\npeople are free to shop for the best price on products because there is open competition.\ngovernment oversight of business gives people freedom to shop for the best deals.\ngovernment regulations ensure that everyone has the freedom to shop for the best deals.

Answer

Answer:

B. People are free to shop for the best price on products because there is open competition.

Brief Explanations:

Free - enterprise is an economic system with open competition. Consumers can seek the best prices due to competition among producers, without excessive government control over product availability or strict regulations dictating the market. In free - enterprise, the market forces of supply and demand play a major role.