What is meant by non price competition in which market, Ask an Expert

Economics

What is meant by non Price Competition? In which market structure does it exist?

None price competition is an effort put by the supplier to earn extra profit without enhancing the price of the commodity. For example, suppliers announce some prize schemes or announce some extra advantages with the commodity. It can be present in each competition except Monopoly.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9574926

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