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A business that sells watches that are more inexpensive than the watches a competitor sells is using which type of competition? THIS DOES NOT HAVE OPTIONS please keep the answer simple as possible!
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A business that sells watches that are more inexpensive than the watches a competitor sells is using which type of competition?

THIS DOES NOT HAVE OPTIONS
please keep the answer simple as possible!

User Sathish Sundharam
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1 Answer

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There are four types of competition in a free market system: perfect competition, monopolistic competition, oligopoly, and monopoly. How ever this is also an example of Predatory priceing The awnser you are looking for is Perfect Competition.
User Sargue
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