Question

Competition happens when two or more businesses

complement one another.
fight for the same benefit or gain.
work together to achieve success.
follow regulations from an agency.

Answer 1

The correct answer would be B.) fight for the same benefit or gain.

Step-by-step explanation:

Hope this Helps yall.

Answer 2

fight for the same benefit or gain

Step-by-step explanation:

For example, if there are two firms in an industry. The goal of the two firms would be to maximise profit. To achieve this, the two firms would engage in various competitions in order to attract customers.

For example, they may differentiate their products or give discounts in order to attract customers and so increase profits