• Thumbnail for Non-price competition
    Non-price competition is a marketing strategy "in which one firm tries to distinguish its product or service from competing products on the basis of attributes...
    24 KB (3,078 words) - 11:08, 10 September 2024
  • competition is contingent on the degree of product differentiation. Monopolistic competition indicates that enterprises will participate in non-price...
    20 KB (2,478 words) - 14:01, 17 October 2024
  • Thumbnail for Monopolistic competition
    monopolistic competition, a company takes the prices charged by its rivals as given and ignores the impact of its own prices on the prices of other companies...
    23 KB (2,662 words) - 01:25, 29 October 2024
  • non-price competition and product differentiation, transport and search costs. For example, would someone travel twice as far to save 1% on the price...
    24 KB (3,416 words) - 16:26, 1 October 2024
  • competition laws and is regarded as anti-competition behaviour. The EU competition law in Europe prohibits anti-competitive practices such as price-fixing...
    55 KB (6,513 words) - 06:21, 3 November 2024
  • Agreement in the United Kingdom. The key idea of an FBP is to promote non-price competition between booksellers in order to promote the sale of little-known...
    17 KB (1,777 words) - 12:32, 17 October 2024
  • Thumbnail for Perfect competition
    equal to average revenue i.e. price (MC = AR). In perfect competition, any profit-maximizing producer faces a market price equal to its marginal cost (P...
    46 KB (6,596 words) - 04:40, 4 November 2024
  • theory be passed on to customers in the form of lower prices and to investors as higher returns. Non-competes are more common for technical, high-wage workers...
    30 KB (3,474 words) - 03:17, 21 August 2024
  • Thumbnail for Pricing
    setting prices, the business will take into account the price at which it could acquire the goods, the manufacturing cost, the marketplace, competition, market...
    61 KB (7,921 words) - 21:39, 18 October 2024
  • Product differentiation (category Imperfect competition)
    over the cost of transportation. Goldilocks principle Crippleware Non-price competition Marketing Mass customization Configurator Market segmentation Product...
    18 KB (2,233 words) - 05:17, 27 December 2023
  • Thumbnail for Competition
    causes lower prices for the products, compared to what the price would be if there was no competition (monopoly) or little competition (oligopoly).[citation...
    60 KB (6,778 words) - 23:54, 5 November 2024
  • Thumbnail for Price gouging
    regulatory purpose under existing competition laws. It is sometimes used to refer to practices of a coercive monopoly that prices above the market rate by deliberately...
    32 KB (3,788 words) - 14:08, 25 October 2024
  • Thumbnail for Price
    constant, the price for the good will rise in a marketplace with open competition. Under the UK's Sale of Goods Act 1979, damages for non-delivery of contracted...
    20 KB (2,542 words) - 11:03, 30 September 2024
  • requirements. Price fixing, where companies collude to set prices, effectively dismantling the free market by not engaging in competition with each other...
    20 KB (2,456 words) - 15:53, 20 October 2024
  • Price discrimination ("differential pricing", "equity pricing", "preferential pricing", "dual pricing", "tiered pricing", and "surveillance pricing")...
    63 KB (7,773 words) - 23:36, 15 October 2024
  • Coopetition Product differentiation Non-price competition Information asymmetry Multimarket contact Size-asymmetric competition Outline of organizational theory...
    2 KB (267 words) - 21:42, 20 September 2024
  • Section 45 of the Competition Act. Bid rigging is considered a form of price fixing and is illegal in Canada (s.47 Competition Act). Price fixing is illegal...
    30 KB (3,292 words) - 23:43, 29 October 2024
  • numbers of followers. These two economists describe this process as a non-price competition, and claim that this serves as an explanation for Ireland's low...
    22 KB (2,805 words) - 22:41, 19 October 2024
  • Thumbnail for Competition (economics)
    the elements of the marketing mix: price, product, promotion and place. In classical economic thought, competition causes commercial firms to develop...
    68 KB (8,396 words) - 21:00, 16 October 2024
  • prices (resale price maintenance), at or above a price floor (minimum resale price maintenance) or at or below a price ceiling (maximum resale price maintenance)...
    15 KB (2,064 words) - 03:53, 22 June 2024
  • increasing reputation and revenue. Non-price competition - Allows businesses to compete in other areas other than price. For example, taste and design. Customer-centric...
    15 KB (1,935 words) - 16:47, 26 January 2024
  • Thumbnail for Monopoly Capital
    Monopoly Capital (category 1966 non-fiction books)
    (which shows up as excess capacity and unemployment) and forms of non-price competition involve large amounts of unproductive labor (e.g. in the sales effort...
    16 KB (1,861 words) - 08:02, 22 April 2024
  • his price". Edgeworth regarded equality of price in Cournot as "a particular condition, not... abstractly necessary in cases of imperfect competition"....
    28 KB (4,377 words) - 13:08, 14 October 2023
  • paying excessive prices since the threat of new entrants to the market can restrain a high-market-share firm's price increases. Competition law does not make...
    76 KB (9,291 words) - 12:36, 15 October 2024
  • Predatory pricing is a commercial pricing strategy which involves the use of large scale undercutting to eliminate competition. This is where an industry...
    70 KB (8,274 words) - 00:18, 29 October 2024
  • the normal price with an injuring effect. The objective of dumping is to increase market share in a foreign market by driving out competition and thereby...
    35 KB (4,780 words) - 14:52, 30 October 2024
  • Thumbnail for Economic equilibrium
    equilibrium in this case is a condition where a market price is established through competition such that the amount of goods or services sought by buyers...
    23 KB (2,927 words) - 21:28, 14 September 2024
  • Thumbnail for Maximum retail price
    Maximum retail price (MRP) is a manufacturer-calculated price that is the highest price that can be charged for a product sold in India, Indonesia, where...
    5 KB (536 words) - 11:23, 11 July 2024
  • In economics, price dispersion is variation in prices across sellers of the same item, holding fixed the item's characteristics. Price dispersion can be...
    8 KB (1,151 words) - 09:38, 7 June 2024
  • Thumbnail for Price floor
    there are also price floors which are implemented by non-governmental organizations such as companies, such as the practice of resale price maintenance....
    22 KB (2,824 words) - 23:10, 5 November 2024