https://padlet.com/20lozon/wd83yz8xo231 en-us 2020-03-11 12:55:30 UTC 2020-03-11 13:39:49 UTC hello@padlet.com 20lozon https://padlet.com/20lozon/wd83yz8xo231/wish/458322631 Monopolistic Competition:is a type of imperfect competition such that many producers sell products that are differentiated from one another and hence are not perfect substitutes. 
Examples: Mcdonalds and Burger King  
Mcdonalds Commercial: https://www.youtube.com/watch?v=Un0hIp1Odrs 
Burger King: https://www.youtube.com/watch?v=gjr0N66JwEc 

]]> 2020-03-11 13:02:12 UTC https://padlet.com/20lozon/wd83yz8xo231/wish/458322631 20lozon https://padlet.com/20lozon/wd83yz8xo231/wish/458333402 is a marketing strategy "in which one firm tries to distinguish its product or service from competing products on the basis of attributes like design and workmanship. 
Examples: Dodge and Chevy 
Dodge Commercial:https://www.youtube.com/watch?v=UsWhSpwNm2U 
Chevy Commercial: https://www.youtube.com/watch?v=Mh1S9f8bdm0 

]]> 2020-03-11 13:15:46 UTC https://padlet.com/20lozon/wd83yz8xo231/wish/458333402 20lozon https://padlet.com/20lozon/wd83yz8xo231/wish/458340668 a state of limited competition, in which a market is shared by a small number of producers or sellers. 
Examples: Google 
Google Commercial:https://www.youtube.com/watch?v=6xSxXiHwMrg 

]]> 2020-03-11 13:24:32 UTC https://padlet.com/20lozon/wd83yz8xo231/wish/458340668 20lozon https://padlet.com/20lozon/wd83yz8xo231/wish/458348698 Price War:  is "commercial competition characterized by the repeated cutting of prices below those of competitors". One competitor will lower its price, then others will lower their prices to match. If one of them reduces their price again, a new round of reductions starts.
Examples: Amazon and Walmart
Walmart Commercial: https://www.youtube.com/watch?v=suVwYyIe1nY 
Amazon Commercial: https://www.youtube.com/watch?v=RF9t2rFmTVE

]]> 2020-03-11 13:33:56 UTC https://padlet.com/20lozon/wd83yz8xo231/wish/458348698