Question

Competition between candy makers (e.g., Hershey, Mars, Cadbury, Nestle, and Godiva) where firms package design (including package downsizing) and ease of availability is characteristic of a(n):

Answer 1

The correct answer is standard-cycle market

Step-by-step explanation:

The Standard-cycle markets are markets in which the firm's competitive advantages are a relative safeguard from imitation and where imitation is expensive