Question: Initial Post: Competition in quality and service may be just as effective as price competition in giving buyers more for their money. Do you agree?

Initial Post: "Competition in quality and service may be just as

Initial Post: "Competition in quality and service may be just as effective as price competition in giving buyers more for their money." Do you agree? Why? Explain why monopolistically competitive firms frequently prefer nonprice competition to price competition. Provide an example of a successful nonprice strategy. Peer Response

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