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Discuss, commenting on the relat‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍ive importance of price and non-price strategies.

M‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍ANAGERIAL ECONOMICS EXAM REPLACEMENT ESSAY Answer ONE of the following questions. Word limit: 2,000 words 1. “The theory of perfect competition provides inadequate guidance to owners on how to run a business. It does, however, provide guidance to...