Hello!
Consumers can impact competition between businesses based on what they consume. Different businesses who produce the same product often produce them differently and produce a different quality of the item.
Consumers impact competition based on which company they purchase their products from. By purchasing products, consumers are showing the companies what kind of a product they want, which results in companies competing to develop the best version of the product.
I hope this helps you! Have a lovely day!
- Mal
Explanation:
I really dont know what you mean by this question. can you explain it more in order for me to get it and answer your question please.
The correct answer is: "There is a situation or shortage or of excess demand".
Rationing is an allocation system that is adopted in an economy when the amount produced cannot serve the whole demand and there is no price adjustment. This was the case during WWII. A possible rationing strategy could be "first come, first serve", for example or dividing the total output between the population and allocating a fixed ration for each person.
The European powers, according to Monroe<span>, were obligated to respect the Western Hemisphere as the United States' sphere of interest. President James </span>Monroe's<span>1823 annual </span>message<span> to Congress contained the </span>Monroe Doctrine<span>, which warned European powers not to interfere in the affairs of the Western Hemisphere</span>
