Economy, asked by makgaboellen, 4 months ago

how do oligopolistic competitors compete with each other using non-price factors ?​

Answers

Answered by magicdoll27
2

Answer:

Businesses can also decide to compete against each other in the form of non-price competition such as advertising and product development. Oligopolistic business normally do not engage in price competition as this usually leads to a decrease in the profit businesses can make in that specific market.

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