Business Studies, asked by singhbalveer77597, 2 months ago

why os the competition so tough in this industry pf toothpaste?​

Answers

Answered by varunkapil198181
2

Monopolistic Competition refers to a market situation in which there are large numbers of firms which sell closely related but differentiated products. Markets of products like soap, toothpaste AC, etc. are examples of monopolistic competition.

Answered by DineshThakran
2

Explanation:

It is due to Monopolistic Competition.

Monopolistic Competition refers to a market situation in which there are large numbers of firms which sell closely related but differentiated products. Markets of products like soap, toothpaste AC, etc. are examples of monopolistic competition.

Hope it will help you!!!

Thanks!!!

Similar questions