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

User Rich Tier
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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.

User Fujy
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Answer:

Step-by-step 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.

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