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pishuonlain [190]
4 years ago
9

Why is location a factor in non-price competition? Give an example on your answer.

Social Studies
2 answers:
iogann1982 [59]4 years ago
8 0

Answer:

Explanation:

The firms in an oligopoly can compete in price, but often non-price competition becomes the most important factor dominating the market. ... Therefore, firms in monopolistic competition have a motive to try and improve their product differentiation and brand image.

Yuri [45]4 years ago
8 0

Answer:

The firms in an oligopoly can compete in price, but often non-price competition becomes the most important factor dominating the market.

Therefore, firms in monopolistic competition have a motive to try and improve their product differentiation and brand image.

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