Question

In pure competition, producers compete exclusively on the basis of price. advertising. product features. image.

Answer 1

Selling Identical items

Step-by-step explanation:

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Answer 2

The answer that best fits the blank provided above is the term PRICE. In pure competition, the price is the basis of competition among the producers. Price is the first thing that is often considered in competition because this is also what the consumers are looking for at first. Then the advertising, product features and image just follow through.