Coupons is a frequently used marketing tactic for which form of competition?
A)pure competition
B)cross-market competition
C)an oligopoly
D)a monopoly
E)monopolistic competition

Question

Quizplus · Accepted Answer

Coupons are commonly used in monopolistic competition because businesses use them to attract customers and differentiate their products from competitors in the market. In pure competition, businesses have little control over their prices, so using coupons would not be effective. Oligopolies and monopolies have limited competition, so coupons are not as necessary. Cross-market competition refers to businesses in different industries competing for the same customer, so the use of coupons would depend on the specific industries involved.

Coupons Is a Frequently Used Marketing Tactic for Which Form