Title: 
Headings: 

Content: If goods are of equal quality, if company A charged $500 for their phone while company B charged $100, company A would run out of business after a short time if they do not adjust their prices. This is one of the many benefits of specialization in a free enterprise system. Learn More: Characteristics of a Free Enterprise System- 
Key Details: Topic: Economics 
Grade Level: 9-12, College 
Keywords: Specialization, consumers, economics, prices
Answer from: brsglover8355
Consumers benefit from lower prices and greater quantity of goods. Explanation: