Coupons and sales are frequently used marketing tactics for which form of competition?

Question

Quizplus · Accepted Answer

Coupons and sales are commonly used tactics in monopolistic competition, where companies differentiate their products from competitors in order to capture a larger market share. In pure competition, there is no differentiation between products, so coupons and sales would not be an effective tactic. In an oligopoly or monopoly, there are limited or no competitors, so coupons and sales are not necessary to compete. Cross-market competition is not a specific type of competition and is therefore not relevant to this question.

Coupons and Sales Are Frequently Used Marketing Tactics for Which