Question

Which of these practices describe how producers in oligopolies generally try to create competition? Check all that apply.

by keeping prices low
by offering promotions
by advertising
by cultivating brand loyalty
by overcoming barriers to entry
by developing a specific image

Answer 1

offering promotions, advertising , and cultivating brand loyalty

Step-by-step explanation:

Producers in oligopolies typically attempt to foster competition through the use of promotions, advertising, and brand loyalty strategies.