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Non-Competitive Markets — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsNon-Competitive Markets1 Mark
Question
How could an oligopolist increase his output without changing price?
  1. Reduce output.
  2. Reduce marketing efforts.
  3. Through non price competition.
  4. Reduce costs.
✓

Answer

  1. Through non price competition.

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