History, 31.12.2019 09:31 ednalovegod
40 points
andy compares mattresses. a twin-sized nightsoft mattress at the large chain buyrite costs $1,500. the buyrite saleswoman tells andy that the company's 24-hour customer service, free mattress cleaning, and 60-day return policies are the best in the business.
a similar twin-sized model, the darknights mattress, at the small store joe's bed and linens, costs $1,495. the salesman at joe's tells andy that this store offers a 30-day money-back guarantee, plus free delivery.
which of these is andy experiencing?
a.)non-price competition in a monopolistically competitive market
b.)non-price competition in a purely competitive market
c.)price competition in a monopolistically competitive market
d.)price competition in a purely competitive market
Answers: 1
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40 points
andy compares mattresses. a twin-sized nightsoft mattress at the large chain buyrite...
andy compares mattresses. a twin-sized nightsoft mattress at the large chain buyrite...
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