Question

Non-price competition under oligopoly

Answer 1

Non price competition is a basic feature of oligopoly. There procude have have their own price policy they can influence their price so they don’t compete with each other by price cutting but by non price cutting competition.
1) selling cost- is the cost which is incurred on the sale of good such as advertisement, sales promotion, free sample, door_to_door campaign,etc. if u need any more help relates to economics jst message me