An example would be two supermarket groups that sell petrol, each group trying to gain more customers than their rival by price undercutting.
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No, Ford is not an example of perfect competition. Perfect competition is characterized by many buyers and sellers, homogeneous products, and easy entry and exit from the market. Ford operates in the automotive industry, which has few large firms, differentiated products, and significant barriers to entry, making it an example of an oligopoly rather than perfect 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.
role of market and government in economy
advertising location competitions
Footraces between humans are an excellent example of competition.
An example of competition is a group of squirrels eating a colony of beetles!!!! An example of competition is a red fox eating a squirrle.
The textile industry is probably the closest example to pure competition on Earth.
intraspecific competition
a football tournament
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WALMART
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The textile industry is probably the closest example to pure competition on Earth.
Inter-media competition: competition between two sorts of media, for example: Radio and Television. Intra-media competition: competition within a specific sort of media, for example between two tv-channels or news agencies or ...