An Increase in the Rivalry Among Existing Competitors in a Target

question 5

Multiple Choice

An increase in the rivalry among existing competitors in a target market

• A) increases both the attractiveness and the profitability of the target market.
• B) decreases both the attractiveness and the profitability of the target market.
• C) decreases the attractiveness and increases the profitability of the target market.
• D) increases the attractiveness and decreases the profitability of the target market.

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Definitions:

Paper Clips

Tiny segments of twisted wire or plastic designed to keep pages of paper attached.

Marginal Utility

The additional satisfaction or utility a consumer receives from consuming one additional unit of a good or service.

Rutabagas

A root vegetable with a taste that is a mixture of cabbage and turnip, commonly used in cooking.

Broccoli

A green vegetable with a large flowering head, stalk, and small associated leaves, often eaten for its nutritional qualities.