Home - Answers Community - Algebra Calculator - Student Deals - MBA Guide - Business Degree Guide - College Algebra - Mathematics - Research Statistics - About
Free Homework Help

Online MBA Degree Program. ECO561 Final Exam Answer 18

Nonprice competition refers to:

A.   reductions in production costs that are not reflected in price reductions.

B.   price increases by a firm that are ignored by its rivals.

C.   advertising, product promotion, and changes in the real or perceived characteristics of a product.

D.   competition between products of different industries, for example, competition between aluminum and steel in the manufacture of automobile parts.

comments powered by Disqus
Get Final Exam Answers from ACCNerd