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Nonprice competition refers to: A) low barriers to entry. B) product development, advertising, and product packaging. C) the differences in information which consumers have regarding various products.
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Nonprice competition refers to:

A) low barriers to entry.
B) product development, advertising, and product packaging.
C) the differences in information which consumers have regarding various products.
D) an industry or firm in long-run equilibrium.

User Jeremy Banks
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2 votes

Answer:

B) product development, advertising, and product packaging.

Step-by-step explanation:

A form of competition that increases demand other than the price.

User Jilber Urbina
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