Which example best represents indirect competition?

Indirect competition refers to businesses that offer different products or services but still compete for the same customer spending. In this context, the correct example illustrates how different types of food services—like a local Burger King and a Mobile Fish and Chips Truck—can serve the same group's appetite and dining preferences. Both businesses aim to attract customers looking to eat out, but they offer entirely different types of cuisine, thus operating in the same market space without directly competing on the same offerings.

The other examples, while showing some competition, are more direct conflicts within certain categories. For instance, the yoga studio and gym both focus on fitness and wellness and target similar customer bases looking for physical activities. Similarly, a fast food restaurant and a fine dining establishment may cater to different meal experiences and pricing tiers, but they still both vie for consumers’ dining choices. Lastly, the coffee shop and bookstore might offer complementary experiences (like coffee while reading) rather than competing directly for the same customer need in a conventional sense.