https://padlet.com/db136718/85a61s0fwuxv Drake Babasa en-us 2019-02-19 19:47:11 UTC 2025-09-30 12:18:02 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Brightnessdown.png db136718 https://padlet.com/db136718/85a61s0fwuxv/wish/332902911 There is a large number of individual firms, that produces a large amount of tomatoes. Each farmer has their own prices for their  their harvest. Competes with other individuals that produces their own crops. ]]> 2019-02-19 19:50:56 UTC https://padlet.com/db136718/85a61s0fwuxv/wish/332902911 db136718 https://padlet.com/db136718/85a61s0fwuxv/wish/332912114 Nike has a perfect competition against other shoe brands. Nike has their own creativity and uniqueness towards other brands. Product differentiation is the perceived differences between competing products in the same industry. They create their own technology and try to become the latest and advanced brand. ]]> 2019-02-19 20:04:58 UTC https://padlet.com/db136718/85a61s0fwuxv/wish/332912114 db136718 https://padlet.com/db136718/85a61s0fwuxv/wish/332912938 Limited number of firms. Interdependence of decision making for cars, like high insurance or higher cost of cars due to high end. Intermediate price and output. ]]> 2019-02-19 20:06:31 UTC https://padlet.com/db136718/85a61s0fwuxv/wish/332912938 db136718 https://padlet.com/db136718/85a61s0fwuxv/wish/332918669 Microsoft is the sole seller of its products and there is no substitutes. It is a market power that can influence prices, like laptops and computers. It produces the output for the entire market. ]]> 2019-02-19 20:16:27 UTC https://padlet.com/db136718/85a61s0fwuxv/wish/332918669