Question

An example of competitive behavior is ______.

• A. Samsung and Apple competing for higher market share
• B. individual farmers
• C. Pepsi and Coca Cola competing for greater market share
• D. both A and C

Answer 1

Answer: (D)

both A and C

Example of competitive behaviour is when Coke 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 Coke and Pepsi or Samsung and Apple possess the power to influence the market price of soft drinks, while the individual farmer does not.