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When a Firm Has a Relatively Undifferentiated Service Compared to Its

Question 62

Multiple Choice

When a firm has a relatively undifferentiated service compared to its competitors, price competition intensifies.Which of the following is NOT an example of price competition?


A) Increased number of competitors
B) Increased substitute offers
C) Decreased capacity in the industry
D) Increased surplus capacity in the industry
E) Wider distribution of the service

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