Which benefit is the result of competition?
a. increased efficiency
b. incentive to work harder
c. development of new markets
d. control of the business cycle

The benefit of the result of competition is increased efficiency.

A: Increased efficiency can be defined as the ability to do something on time i.e without wasting time. Efficiency can be increased by companies when they give duties to qualified employees who will do their job well. This can also be achieved by recognizing  workers for a job well done. This will make them feel good and encourage them to continue to increase their productivity.

i believe the answer is: returns on investments, no wages

people who belong in upper class society would most likely get there by obtaining multiple source of income, which a certain percentage of ownership for businesses. since most of them are job creator, they would most likely get their money from profit, not wages.

answer family is the most important institution;