All of the following are examples of nonprice competition except

Question

Quizplus · Accepted Answer

Zero economic profit is not an example of nonprice competition as it refers to the level of revenue and cost, rather than any specific strategy or tactic used by a firm to differentiate itself from competitors. Nonprice competition refers to any effort by a firm to attract customers through means other than lowering prices, such as by improving product quality, providing better service, or engaging in advertising or promotional activities.

All of the Following Are Examples of Nonprice Competition Except