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.

Statistics is a branch of mathematics dealing with the collection, analysis, interpretation, presentation, and organization of data.

All scientists uses Statistics for analysing data.

In chemistry, a product is a substance that is formed as the result of a chemical reaction. In a reaction, starting materials called reactants and the ending materials are called products.

Estrogen is a group of steroid hormone that control the development and maintenance of an individuals feminine characteristics. Natural estrogen exists in men as well as women and are found in higher amounts in women Especially in those of reproductive age.

Estrogens are hormones which are responsible to the body functions of the female body system such as menstruation, development of the female body such as pubic hair, breasts and development of the proportions of the body.

Lipids act as best energy storage molecules as the cleavage of fatty acids produces both energy and metabolic water which is a main component in almost all lipids.

The given letter equation 3 BM (SHTR) imples that 3 Blind Mice (See How They Run).