Westonci.ca offers fast, accurate answers to your questions. Join our community and get the insights you need now. Experience the ease of finding quick and accurate answers to your questions from professionals on our platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.
Sagot :
Answer:
number of companies, business costs, and product differences.
Explanation:
The price of the product in a market is influenced by the supply and demand of the product. Business competition refers to the competition that exists among the companies that deal with the same product or industry. Competition has a positive impact on the businesses. It help in engaging and escalating the business and promoting it in the market. The number of companies in a market and the cost of the products determine the competition in the market. The difference between the prices of the products also affects the degree of competition.
Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.