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11 July, 12:07

What are two types of goods/services that lend themselves well to price competition

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  1. 11 July, 12:34
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    Two types of services which do no respond to price competition are:

    Electricity and Gas or petrol

    The first is a good example of a service while the second is an example of a product.

    Explanation:

    Both goods mentioend above are goods of necessity. Custmer care less about their prices because elecricity is required to cook, wash, and light up th home among other uses while gas is required for transortation.

    Cheers!
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