Examlex
Since California elections are winner-take-all elections, they have the impact of
Rivalry
Competition between companies in the same industry aimed at achieving higher sales, market share, and recognition by consumers.
Market Share
The portion of a market controlled by a particular company, product, or brand, often expressed as a percentage of total sales.
Competitors
Other businesses or individuals that offer similar products or services within the same market.
Variable Costs
Costs that change in proportion with the level of output or activity.
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