Which of the following is not an example of nonprice competition in the airline market?
A. Increased frequency of flights.
B. Advertising on the radio.
C. A low concentration ratio.
D. More on-time flights.
Answer: C
Economics
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The graph illustrates the market for bottled water. When the price exceeds the equilibrium price, the quantity demanded is ________ the quantity supplied and the price of the good will ________
A) less then; fall B) greater than; fall C) equal to; fall D) less than; rise E) greater than; rise
Economics
Information that returns to the system is known as:
a. Genomes b. E-innovation c. Listening d. Feedback
Economics