When two or more enterprises encounter each other in different regional markets,national markets,or industries,there is:
A)vertical integration.
B)horizontal integration.
C)multipoint competition.
D)monopolistic competition.

Question

Quizplus · Accepted Answer

Multipoint competition refers to the situation where two or more companies encounter each other in different regional markets, national markets or industries. Horizontal integration refers to the merging of companies in the same industry or market, while vertical integration refers to the combination of companies that operate at different levels of the supply chain. Monopolistic competition describes a market structure where many companies offer similar but differentiated products, leading to non-price competition. Therefore, the correct answer is C - multipoint competition.

When Two or More Enterprises Encounter Each Other in Different