Explain how self-interest and competition work together to regulate prices.

Self-interest occurs when consumers seeks to buy certain goods or services at the best possible price. Producers, in an effort to make a profit, act on what consumers want. As more producers are drawn into the market competitors will offer lower prices in order to attract more business.

answer; the correct answer to the above statement is to increase the production of milk in a herd of milk cows, the highest producing cows were chosen as the mother;

the answer is the petition of right.

explanation:

offer to of right, real demand of attesting a benefit against the english crown, the most remarkable point of reference being the petition of right of 1628, which parliament sent to charles i fussing of a movement of oversteps of law. the term also implied the framework (invalidated in 1947) by which a subject could sue the crown.   taking a gander at the frameworks used by maria amidu to make a standard in 2015 commending the 1628 petition of right, which was sent to charles i by the english parliament. at uniquely based law the crown, or the sovereign in his official cutoff, couldn't be sued in the ruler's courts. since the ruler was, really, the superior ace of those courts, coordinating value in them between his subjects, he was not subject to their ward. therefore it transformed into a preparation, at whatever point a subject's certified or individual property had come into the responsibility for ruler or his specialists without legitimate perfect, for the subject to engage the master in chamber for its recovery.