Nonprice competition refers to:
a) competition between products of different industries, for...
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Business, 15.08.2019 07:10 jaylen2559
Nonprice competition refers to:
a) competition between products of different industries, for example, competition between aluminum and
steel in the manufacture of automobile parts.
b) price increases by a firm that are ignored by its rivals.
c) advertising, product promotion, and changes in the real or perceived characteristics of a product.
d) reductions in production costs that are not reflected in price reductions.
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