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Illustrate out the term non-price competition? Why would any seller use this form of competition? Is the use of this form of competition costless to the user? What is the optimum amount of non-price competition by a firm? What would be the likely response of a sellerĂ¢??s rivals? Who benefits from this competitive device in the short run? Who benefits in the long run?

Microeconomics, Economics

  • Category:- Microeconomics
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