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If firms in the travel industry compete through nonprice competition, these statements are all true EXCEPT which one? They will not use advertising to proclaim
If firms in the travel industry compete through nonprice competition, these statements are all true EXCEPT which one? They will not use advertising to proclaim the inferiority of their rivals' products. They are likely to spend significant sums of money on advertising. They are not likely to engage in price wars. They are likely to have differentiated products
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