which is not advantage of competition
Answers
Answered by
1
Answer:
The key is that you cannot compete only on price, because then all a competitor has to do is lower their price.
Explanation:
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Answered by
1
Answer:
disadvantage of competition
Explanation:
Competition decreases your market share and shrinks your customer base, especially if demand for your products or services is limited from the start. A competitive market can also force you to lower your prices to stay competitive, decreasing your return on each item you produce and sell.
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