Through ________ competition, competitors offer different goods and services that attempt to satisfy the same consumers' needs and wants.
A) discretionary income
B) product
C) brand
D) monopolistic
E) oligopolistic

Question

Quizplus · Accepted Answer

Product competition occurs when different products or services satisfy the same consumer needs and wants, even if they are not direct substitutes.

Through ________ Competition, Competitors Offer Different Goods and Services That