Business Studies, asked by dixitayelve, 2 months ago

which is not advantage of competition​

Answers

Answered by mrsanjusingh78
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 krishna210398
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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