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 marketing - like strategies to create competition. Keeping prices low can attract customers away from competitors. Promotions can entice consumers to choose their products. Advertising builds awareness and differentiates products. Cultivating brand loyalty gives them an edge over rivals. Developing a specific image helps in product differentiation. Overcoming barriers to entry is more about market - entry for new firms 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