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GarryVolchara [31]
4 years ago
9

Nonprice competition refers to:

Business
1 answer:
umka21 [38]4 years ago
6 0

Answer: Option C

Explanation: Non price competition can be defined as the business strategy under which one entity tries to distinguish its commodity offered from another entity in the market with the help of advertising and promotion etc.

Non price competition is generally seen in the oligopoly market structure. The difference between two products in an oligopoly having non price competition is based on the design or workmanship of the manufacturer.

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