your client, skip, is an investor who's just opened a thriving new sporting goods store in a location outside the city. what principle of value indicates that his thriving business will attract others to engage in similar activity in the same area, driving down his profits?

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08-11-2022
Business

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your client, skip, is an investor who's just opened a thriving new sporting goods store in a location outside the city. what principle of value indicates that his thriving business will attract others to engage in similar activity in the same area, driving down his profits?

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arshikhan8123 arshikhan8123 · Answer 1 · 2022-11-15T07:42:26+01:00

Your client, Skip, is an investor who's just opened a thriving new sporting goods store in a location outside the city. Principle of competition indicates that his thriving business will attract others to engage in similar activity in the same area, driving down his profits.

Answer - Principle of competition

What is competition and examples?

Competition is a relationship between organisms that has a negative effect on all of them. This can happen when two organisms are trying to get the same environmental resource. One common example is when organisms compete for a mate.

What are 5 examples of competition?

Intraspecific competition is an important regulator of the population size and can also act as a selective factor for evolution.

Example- Plants.

Example- Corals.

Example of Direct competition- Animals.

Example of Indirect competition- Animals.

Example of interference competition- Flamingos.

Learn more about competition here :- https://brainly.com/question/25717627

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