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Offering products of different tastes and shapes is an example of which of the following?

nonprice competition


perfect competition


the law of demand


oligopolistic competition

2 Answers

2 votes

Answer

nonprice competition

Step-by-step explanation:

User James Mallon
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4 votes

Answer:

nonprice competition

Step-by-step explanation:

Nonprice competition is competition strategy that involves competing products that do not compete with price. In this type of competition among businesses, a business tries to prove its products or services are better by way of more effective or functional products, more convenient services, better customer focus, location or any other strategy that doesn't involve price. This strategy contrasts sharply with price competition where firms compete by setting lower prices that appeal more to consumers.

User Julius Volz
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