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.

gold discovery in california, and pioneer settlers were sometimes pulled west because they wanted to make a better living. others received letters from friends or family members who had moved west. these letters often told about a good life on the frontier. the biggest factor that pulled pioneers west was the opportunity to buy land.

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a photo collage of women at work during world war 2