You would expect to find nonprice competition in oligopoly markets where:
A) there is a kinked demand curve.
B) sellers' products are differentiated.
C) both of the above.
D) none of the above.

Question

Quizplus · Accepted Answer

Nonprice competition is common in oligopolies, especially where products are differentiated and where the kinked demand curve theory applies, indicating firms will focus on advertising, product quality, and other non-price factors to compete.

You Would Expect to Find Nonprice Competition in Oligopoly Markets