Question

Increase in competition is a type of (a) human risk (b) natural risk (c) economic risk (d) political risk

Answer 1

Hello !

Economic risk.

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Answer 2

Increase in competition is a type of c) economic risk

Explanation:

• The rise in the competition and an increase in the production and distribution capacity of the firms and industries creates market risks that are accessed in terms of economics.  

• Due to the presence of a higher level of infrastructure, a higher level of information, and data processing, there is a higher demand for products and services that are associated with increase in prices, etc.

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• brainly.in/question/17468376 answered by  queensp73.