Question

One constant improvement among smartphones of all brands is camera quality. As soon as Samsung, Google, or Apple introduces an updated phone, the others respond with equal or better quality in their next update. These competitive moves can be encompassed as the _____ of that market.

Answer 1

dynamics

Step-by-step explanation:

Market dynamics are all economic forces that have an impact on the supply and demand of a product or service. The behavior of producers and consumers will be responsible for establishing market dynamics. Occurs when consumer needs, price, business competition becomes a relevant factor for dynamics to occur.