Inadequate competition can manifest in several ways, such as monopolies where a single company dominates the market, stifling innovation and consumer choice. Oligopolies, where a few firms control a large market share, can also limit competition, leading to price-fixing and reduced incentives for improving products. Additionally, barriers to entry, like high startup costs or regulatory hurdles, can prevent new competitors from entering the market, further entrenching the dominance of existing players.
What happens to the market is that without competition the price of the product will be increased, which means the consumers will need more money for the needed product, as according to the 'law of demand' when the price of a product increases rapidly the country will suffer from the deflation.
Boots tries to distinguish itself from others and thinks ahaed of competition.
There are many examples of competition such as the sale of like products by different businesses. You can also have competition to win sports games or musical competitions.
in general; some examples of monopolistic competition are foods, clothes, shoes, gasoline,toys, etc.
Online auctioning is an example of Pure Competition. Here are some examples of the others: Monopoly - Sewer Service Monopolistic Competition - Video Rental Oligopoly - Digital Cameras
His grades were inadequate. The food provided inadequate nourishment. Money was inadequate to finance the venture.
What happens to the market is that without competition the price of the product will be increased, which means the consumers will need more money for the needed product, as according to the 'law of demand' when the price of a product increases rapidly the country will suffer from the deflation.
Two examples of inadequate information in a market are lack of information on product quality and lack of information on product pricing. When sellers and buyers do not have the same information it leads to inadequate information.
Golf competition or also sports competition and more........ (summarizaed answer)
The textile industry is probably the closest example to pure competition on Earth.
Boots tries to distinguish itself from others and thinks ahaed of competition.
Some examples of science culture: Competition Skeptical Cooperation
ice skating and pagents
Some examples of cooperation between species are: animals alerting each other of predators, animals eating insects off of others. Some examples of competition are: fighting for living space and resources, fighting for a mate.
Food and Territory
Interspecific competition is competition that occurs between two different species. Another kind of competition is interference competition. This is when two or more individuals compete using aggression.
Some examples of competition in the coniferous forest include competition for sunlight among tall trees, competition for nutrients in the soil among plant roots, and competition for food and territory among animals like squirrels and birds. These competitive interactions help to regulate population sizes and maintain ecosystem balance in the coniferous forest.