Products
Products influenced our choice of Woolworths due the price maneuverability of the particular products and the type of products sold. The products Woolworth sells contains a range of everyday items from food to cleaning products to cooking utensils. Due to this wide range of products sold, and the type of good sold, the firm (Woolworths) can manipulate the prices of said products with relative ease. Due to this, it attracted us to this type of market structure, as many possibilities could result of this, such as the price-cutting issue faced by both Woolworths and Coles.
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