Intensity of Realty

The intensity of realty refers to the level of competition among firms in the real estate industry. This includes factors such as the number of competitors, the quality of their services, and the level of demand for real estate in a particular area. The intensity of realty can vary depending on the location and the type of property being sold.

Competitiveness

Competitiveness refers to the ability of a firm to compete effectively in a particular market. This includes factors such as the quality of the firm's products or services, its pricing strategy, and its marketing efforts. A highly competitive firm is one that is able to maintain a strong position in the market and attract and retain customers.

Absolute Competition

Absolute competition refers to a situation in which there are a large number of firms in a market, all offering similar products or services. This type of competition can lead to price wars and a race to the bottom in terms of pricing, as firms try to undercut each other to gain market share.

Competition

Competition refers to the rivalry between firms in a particular market. This can include factors such as price, quality, innovation, and customer service. Competition can be healthy, as it encourages firms to improve their products and services, and can lead to better outcomes for consumers. However, too much competition can lead to market saturation and decreased profitability for firms.