Ask Question
9 December, 20:02

If your company has a lot of competitors, what does that do to your demand?

A. Makes it less elastic

B. Makes it more elastic

C. Makes it less need-based

D. Makes it more need-based

+4
Answers (1)
  1. 9 December, 23:30
    0
    The best answer is C. If your company has a lot of competitors, it makes the company less need-based. Having a lot competitors would mean consumers have many choices to choose from. The consumers view on the products or services offered a a need will decrease. Also having a lot of competitors will make the consumers think that the products is easily accessible.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If your company has a lot of competitors, what does that do to your demand? A. Makes it less elastic B. Makes it more elastic C. Makes it ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers