Avery is a salesperson at the only Ford automobile dealership in Wausau,Wisconsin.However,there are several other auto dealerships in town,offering both domestic and foreign cars and trucks.Paul works hard to keep his customers satisfied because he knows that if his customers are unhappy,they can simply buy a car from one of the several other comparable dealers in Wausau.This is an example of
A) pure competition.
B) monopolistic competition.
C) an oligopoly.
D) a monopoly.
E) marginal competition.
Correct Answer:
Verified
Q150: Competition refers to
A) identical products that perform
Q189: Competitive pressures among existing firms depend on
A)
Q215: form of competition in which there are
Q216: Office Depot has given its staff wireless
Q218: firms now use e-mail and the Internet
Q219: activity that uses some form of electronic
Q220: Coupons and sales are frequently used marketing
Q222: marketing,the form of competition that occurs when
Q228: _ is the form of competition where
Q237: Marketspace refers to
A)the two-way buyer-seller electronic communication
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents