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6 April, 07:41

A firm's purpose in nonprice competition is to

A. Produced at the lowest cost possible

B. Encourage other firms to cooperate in sitting prices

C. Establish extensive control of their particular market

D. Distinguish their products from those of other companies

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Answers (2)
  1. 6 April, 07:49
    0
    D

    Explanation:

    Nonprice competition refers to a strategy in which a firm tries to differentiate their products from the competition using means other than the price.
  2. 6 April, 10:38
    0
    Distinguish their products from those of other companies

    Explanation:

    A nonprice competition is a very healthy market competition between firms that produce similar products in the open market. during this type of contest on whose products is better off. the pricing system is not employed but other means like listing out the economic and health benefits of purchasing a product over its rival forms and also packaging and other special services like promising better customer care service form the base of the market competition

    The primary aim of this is to get more consumer than the other. A nonprice competition is used on products that cannot usually take a price cut or have a general law guiding it pricing system.
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Home » Business » A firm's purpose in nonprice competition is to A. Produced at the lowest cost possible B. Encourage other firms to cooperate in sitting prices C. Establish extensive control of their particular market D.
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