What is meant by non price competition, Microeconomics

Assignment Help:

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.

 


Related Discussions:- What is meant by non price competition

Conventions as a basis for forming expectations, Conventions as a Basis for...

Conventions as a Basis for Forming Expectations : Since there is little objective basis for probability distributions about future yields, decision-makers have to act on the ba

Risk neutral persons, Risk Neutral - A person is a risk neutral if they...

Risk Neutral - A person is a risk neutral if they show no preference between certain, and an uncertain income with the same expected value.

Labor , #questThe demand for and supply of labour in a certain industry are...

#questThe demand for and supply of labour in a certain industry are given by the equations Nd = 400 - 2w Ns = 240 + 2w Where Nd ( is the number of workers employers want to hire

Consumer surplus, what is the application of consumer surplus

what is the application of consumer surplus

Average product and marginal product, Average product and marginal product:...

Average product and marginal product: Average product (AP) is the output per unit of the variable factor employed. In other words, it is the productivity of the variable facto

Linkage of education with poverty and income distribution, Normal 0 ...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

2252, Inflation is defined as

Inflation is defined as

Equilibrium, short run equilibrium of the industry

short run equilibrium of the industry

Explain nominal gdp, Q. Explain Nominal GDP? Nominal GDP: Nominal gross...

Q. Explain Nominal GDP? Nominal GDP: Nominal gross domestic product measures total value of all the services and goods produced and traded for money in the formal economy, eval

Difference between accounting profit and economic profit, Difference betwee...

Difference between accounting profit and economic profit: The difference between accounting profit and economic profit is that economists include in total cost of production b

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd