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Please, i need Unique answer, Use your own words (don't copy and paste). Please, don't use handwriting,...

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Economics

Please, i need Unique answer, Use your ownwords (don't copy and paste). Please, don't usehandwriting, Use your keyboard.

Q. 1. Provide an example of any two leadingcompanies from the same industry, which are competing directly formarket share. Give a short profile.

Q. 2. Suppose, if you are the manager of one ofthese companies, what pricing policy will you adopt to be in thefirst position? Why?

Q. 3. When the whole sector of the market isoccupied by the little number of big corporations who share theleadership, what do we call this type of market structure? Explainin details the benefits for the leading company and disadvantage ofsuch situation on final consumers.

Answer & Explanation Solved by verified expert
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1 In the beverages and snacks industry Pepsico and CocaCola are the two leading companies in direct competition with each other for market share Some major brands of Pepsi are Lays Pepsi Doritos 7Up Mountain Dew and others 2 The    See Answer
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