What is the best way to describe the relationship between two companies that offer basically the same product or service? a. noncompetitors b. nonprice competitors c. direct competitors d. indirect competitors  

The correct answer is C. Direct competitors

Explanation:

In the economy, direct competition occurs when two or more companies offer the same product or service, which means the companies target the same customers. This is slightly different from the indirect competition in which the companies involved do not offer the same product or service but address the same needs in customers.

For example, if two companies offer cellphones then there is direct competition, but if one offers cellphones and another offers tablets there is indirect competition because the product is not the same but both would satisfy a client who wants to use technology. According to this, the relationship between the two companies presented is direct competitors as they offer the same product and therefore they target the same customers.