(please respond with 120 words or more) 1. Compare and contrast the characteristics of price and...

(please respond with 120 words or more)

1. Compare and contrast the characteristics of price and non-price competition.

Expert Solution

If we distinguish between price and non price competition we must say that price competition will imply that a firm works according to giver demand curve and does price manipulations to attain desired level of revenue . In case of non price competition the firm will try to change the location and shape of the demand curve .

Secondly , non price competition is a kind of market strategy . One firm uses design , presentation as tools to distinguish its products from another firm . Quality service , customer services , advertisements are other strategies . Any strategy comes under this regime other than price . On the other hand in case of price competition a firm will try to make its product unique from competing firms on the basis of low price .

Non price competition involves higher expenditures than price competition . Additional expenditures on promotion , advertisement , coupons , customer service executive recruitment etc . But in spite of these extra costs firms prefer non price competition because it is usually more profitable than lowering the price to grab market share . Also price wars can be avoided .

Rahul Sunny answered 1 year ago

Please respond to the following in a minimum of 175 words: Compare and contrast expansionary and...

Please respond to the following in a minimum of 175 words: Compare and contrast expansionary and contractionary fiscal policy?

"Compensation and Lending Decisions" Please respond to the following: DQ #1 Compare and contrast compensation plans,...

"Compensation and Lending Decisions" Please respond to the following: DQ #1 Compare and contrast compensation plans, such as restricted stock and stock appreciation rights, indicating the key differences with the accounting treatment. Determine the option that would have the least impact on a company's earnings. Recommend the choice that is the most advantageous to an employee. Support your position with examples. DQ #2 Given the current regulatory environment for financial institutions, analyzing financial statement information is an important process and...

write more than 800 words please type it Essay Topic: COMPARE AND CONTRAST THE MARKET DYNAMICS...

write more than 800 words please type it Essay Topic: COMPARE AND CONTRAST THE MARKET DYNAMICS FOR PRODUCED GOODS (AND SERVICES) WITH THE SUPPLY AND DEMAND MARKET CONDITIONS FOR LABOR. In order to help launch your mini essay, here are some things you might consider: --Identify and summarize the similar dynamics of market forces presented. That means to say, teach me step-by-step how the laws of supply and demand combine with basic assumptions about shortages and surpluses to lead to...

1) In 120 to 150 words (at least 120 but not more than 150), describe how...

1) In 120 to 150 words (at least 120 but not more than 150), describe how the responsibilities and expectations from Financial Analysts have evolved from 2000 to 2020. 2) In 120 to 150 words (at least 120 but not more than 150), contrast the two occupations (a) Securities, Commodities, and Financial Services Sales Agents and (b) Financial Analysts 3) Tell us which of the (a) Securities, Commodities, and Financial Services Sales Agents, (b) Financial Analysts, and (c) Personal Financial...

Please define characteristics of competitive markets. Please compare and contrast the four types of market structures

in 250 words or more Compare and contrast the musical practices of the pre-conquest indigenous peoples...

in 250 words or more Compare and contrast the musical practices of the pre-conquest indigenous peoples of Mexico with the pre-conquest musical practices of Africans. cite 2 different references.

Principles of Macroeconomics Discussion: Fiscal Policy Please respond with a minimum of 100 words Compare and...

Principles of Macroeconomics Discussion: Fiscal Policy Please respond with a minimum of 100 words Compare and contrast the use of government spending changes versus tax changes as a means of influencing the course of the economy. Is one or the other preferable in specific situations? Imagine for a moment that you have two roommates, who each have opposing viewpoints on nearly everything, including politics and economics. Taylor is adamant that the best way to manage the economy is through tax...

Please no plagiarism and must be in your own words (800) Compare and contrast the use...

Please no plagiarism and must be in your own words (800) Compare and contrast the use of R vs Python and identify the pros and cons of each. Provide an example of both programming languages with coding examples as well as your experience in using one or both programming languages in professional or personal work. If you have no experience with either language, please discuss how you foresee using either/both of these languages in visualizing data when analyzing big data.

please respond with at least 150 words Thank you!! 1. Price changes Identify at least 3...

please respond with at least 150 words Thank you!! 1. Price changes Identify at least 3 items that have changed in price recently. Speculate on what demand or supply factors might have been responsible for the change in equilibrium price. Some examples you can use are gas, milk, shoes, and cars.

Please respond to the discussion post 1 and 2 in your own words: (Must respond to...

Please respond to the discussion post 1 and 2 in your own words: (Must respond to both) Discussion post 1 How do you think most people see the majority of human interactions, as opportunities to compete or to cooperate? I believe that the majority of human interactions are seen as opportunities to compete. The reason I say this is the competitive nature that we have in us as humans. This nature is exemplified daily in our school and our work....

Question