An example of competitive behavior is ______.individual farmersPepsi and Coca Cola competing greater market shareboth A and CSamsung and Apple competing higher market share (2024)

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A

both A and C

B

individual farmers

C

Samsung and Apple competing for higher market share

D

Pepsi and Coca Cola competing for greater market share

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Solution

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Example of competitive behaviour is when co*ke and Pepsi or Samsung and Apple compete with each other in a variety of ways to achieve a higher level of sales or a greater share of the market. Conversely, we do not find individual farmers competing among themselves to sell a larger amount of crop. This is because both co*ke and Pepsi or Samsung and Apple possess the power to influence the market price of soft drinks, while the individual farmer does not.

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An example of competitive behavior is ______.individual farmersPepsi and Coca Cola competing greater market shareboth A and CSamsung and Apple competing higher market share (2024)

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