Explain the implication of non-price competition under oligopoly.

1.	Explain the implication of non-price competition under oligopoly.
Answer» <html><body><p></p>Solution :Non- <a href="https://interviewquestions.tuteehub.com/tag/price-1165141" style="font-weight:bold;" target="_blank" title="Click to know more about PRICE">PRICE</a> <a href="https://interviewquestions.tuteehub.com/tag/competition-423521" style="font-weight:bold;" target="_blank" title="Click to know more about COMPETITION">COMPETITION</a> means competition between firms by means other than <a href="https://interviewquestions.tuteehub.com/tag/changing-2508325" style="font-weight:bold;" target="_blank" title="Click to know more about CHANGING">CHANGING</a> price, <a href="https://interviewquestions.tuteehub.com/tag/like-1073845" style="font-weight:bold;" target="_blank" title="Click to know more about LIKE">LIKE</a> free gift, home service, customer care etc. The firms in oligopoly do so to avoidprice-war because the frim who starts the price-war may be the <a href="https://interviewquestions.tuteehub.com/tag/ultimate-1435655" style="font-weight:bold;" target="_blank" title="Click to know more about ULTIMATE">ULTIMATE</a> looser.</body></html>

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