5. Price competition is evident in the fast food, air travel, and personal computer industries.?

-- THIS IS THE ENTIRE QUESTION!!! I DID NOT FIT UNDER THE QUESTION BOX!!!--------
Price competition is evident in the fast food, air travel, and personal computer industries. Discuss a recent situation in which companies had to meet or beat a competitor’s price in a price competitive industry. Did you benefit from this situation? Did it change your perception of the companies and/or their products?

uh yea!

Well Air travel has become a lot cheaper but with such bad service sometimes it not worth it ,

In electronics u ll see prices drop but the quality of products have dropped to . Because of the price war companies compromise the quality and safety of the product to cut cost

There consumers don't really benefit much..