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

Explanation:

Producers in oligopolies use various non - price competition methods. Keeping prices low can attract customers away from competitors. Promotions like discounts or buy - one - get - one - free can also draw in consumers. Advertising helps in creating awareness and differentiation. Cultivating brand loyalty makes customers stick to a particular brand. Developing a specific image gives a brand a unique identity in the market. Overcoming barriers to entry is more about new firms entering the market rather than creating competition among existing oligopolistic producers.

Answer:

by keeping prices low
by offering promotions
by advertising
by cultivating brand loyalty
by developing a specific image