Questions

Competition  occurs when two or more organisations act independently to supply their products to the same group of consumers.

There are mainly two cases when firms can compete. One is price where firms are selling identical or very similar products, they must compete on price with each firm trying to undercut the others. The other is differentiation. A non-price competition depends on making a product different from those of competitors and by giving it distinctive qualities that are valued by the target market. This might include branding, styling, special features or higher levels of customer service. Good competition provides more options to customers and also brings with it improved  customer services.

DRAM is a Volatile random-access memory (VRAM).

Volatile random-access memory (VRAM) is random-access memory that retains its information when power is turned on.

Examples of volatile memory are primary storage (typically dynamic RAM, DRAM), and fast CPU cache memory (typically static RAM, SRAM, which is fast but energy-consuming and offer lower memory capacity per area unit than DRAM).

Non-volatile random-access memory (NVRAM) is random-access memory that retains its information when power is turned off.

Examples of non-volatile memory are flash memory (used as secondary memory) and ROM, PROM, EPROM and EEPROM memory (used for storing firmware such as BIOS). 

Switzerland and Norway

Mass means the amount of matter in an object. Anything that has Mass and takes up Space is called Matter.

The Study of Matter and and how matter changes is called Chemistry.

Matter has some mass and occupies some space. Space occupied by an object is called its Volume.