Question

Non price competition and quota system are the two main methods of
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Answer 1

Answer:

Market sharing

Explanation:

Answer 2

Non-price competition and quota system are the two main methods of market sharing.

Explanation:

• The non-price competition and quota system are two main methods of an oligopolistic market.  

• The non-price competition is part of the competition between companies that focuses on extra services, advantages, good quality and more without affecting the prices of the product.  

• The quota system is an agreement between the firms on the quotas system of sharing.  

• This quota system is a method of sharing the market where every firm gets its share of profits from the market.

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