Asked by S.S
Explain how competition among businesses can influence a marketplace? please help.
Answers
Answered by
Writeacher
If there are three Shell gas stations within an 8-mile radius, and each has a different price per gallon, which do you think would get the most business? How would this affect each station's pricing or price changes? How would all this affect other businesses in the vicinity of each?
$2.09/gallon
$2.19/gallon
$2.33/gallon
$2.09/gallon
$2.19/gallon
$2.33/gallon
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.