Which of the following is not an example of nonprice competition in the airline market?
A)A low concentration ratio.
B)Advertising on the radio.
C)More on-time flights.

Question

Quizplus · Accepted Answer

A low concentration ratio refers to the market structure of the airline industry, which is a form of nonprice competition. Advertising on the radio is also an example of nonprice competition. More on-time flights, however, are a form of improving service quality and are not necessarily a nonprice competition strategy.

Which of the Following Is Not an Example of Nonprice