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COMPETITION

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by

Nicholas Schaffer

on 23 April 2010

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Transcript of COMPETITION

COMPETITION Tends to increase supply while a
lack of competition tends to decrease
supply. For example, Coca Cola was
popular in the 1900's, but then came Pepsi. Pepsi was intended to be cheaper than Coke, making people lean towards Pepsi, and during the 1970's, their rivalry started to heat up. image found at familycourtchronicles.com In today's market, a big rivalry
is McDonald's vs. Burger King.
McDonald's thinks their cheeseburger
is better than everyone elses, but Burger
King made the infamous whopper, which
is twice the size as a McDonald's regular
burger. image found at tpollockjr.deviantart.com
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