A firm with distinctive goods and/or services is most likely to be involved with
A) subjective pricing.
B) price wars.
C) price competition.
D) nonprice competition.

Question

Quizplus · Accepted Answer

A firm with distinctive goods and/or services differentiates itself from competitors, leading to nonprice competition. This means they compete on factors other than price, such as product quality, features, or brand reputation, because their offerings are unique and not easily comparable to others.

A Firm with Distinctive Goods And/or Services Is Most Likely