How do consumers benefit in a highly competitive market?
es )
A shortage will result.
A surplus will result.
They will pay lower prices for quality goods.
They will pay higher prices for low quality goods.

They will pay lower prices for quality goods.

Explanation:

Competition drives higher quality while also driving prices. Demand increases with a decrease in price and competition will create the higher quality.

due to the changes the federal reserve is making the unused reserves will impact the economy by them facing inflation. inflation is definfed as the increase in pricing of a good or service but the decline of the value of money used for purchasing those items. when the economy has a high inflation rate, they are subject to money loss and hurt on the economy.

answer; the above statement is (true);