Competition

Two businesses I believe to be in prefect Competition with eachother would be Homedepot and Lows. They are both successful home improvment warehouses. I reason i think that they are i competition with eachother is because right after they built a Lows on Aple Valley Rd. they built an Homedepot right across the street. The owners of Homedepot saw how much profit Lows was getting being the only home improvment warehouse in Apple Valley so they decided to build there aslo. The postiveness of having two Competing businesses right next to eachother is that if one raises there prices you can go to the other store. Another reason is if one is out supply of somethinfg you can go the other store.