Examlex
Which of the following resources is an example of infrastructure?
Nonprice Competition
A strategy where businesses compete on factors other than price, such as quality, service, or brand image.
Product Differentiation
A marketing strategy that businesses use to distinguish their products from those of competitors.
Tacit Collusion
A situation where businesses indirectly coordinate actions without explicit agreement, often leading to market prices above competitive levels.
Few Firms
A market situation typically characterized by an oligopoly, where a small number of companies possess the majority of market share.
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