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10 August, 06:31

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.

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Answers (1)
  1. 10 August, 07:01
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    B) product development, advertising, and product packaging.

    Explanation:

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