Competition between candy makers (e.g., Hershey, Mars, Cadbury, Nestle, and Godiva) where firms package design (including package downsizing) and ease of availability is characteristic of a
A) slow-cycle market
B) standard cycle market.
C) fast-cycle market.
D) intermediate-cycle market.

Question

Quizplus · Accepted Answer

In a standard cycle market, firms compete on factors like packaging and availability, which are not rapidly changing, allowing for some level of predictability and stability in competition.

Competition Between Candy Makers (E