Which of the Following Is an Example of Nonprice Competition

question 187

Multiple Choice

Which of the following is an example of nonprice competition?

• A)giving coupons for 10 percent discounts to potential customers
• B)having a Memorial Day Sale
• C)lowering the price on several selected brands
• D)offering a product in three colors-blue,green,and red-in addition to the standard black
• E)increasing the price on all products

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Definitions:

Animal Intelligence

The capacity of animals to process information, learn from experience, solve problems, and adapt to their environments.

Vertebrates

Animals with a backbone or spinal column, including mammals, birds, reptiles, amphibians, and fish.

Invertebrates

Animals that lack a vertebral column, or backbone, including species such as insects, mollusks, and crustaceans.

Human Intelligence

The mental capacity to learn, reason, solve problems, and adapt to new situations.