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Price competition turns hi-tech – How firms compete

Jim Riley

28th April 2010

How firms compete is a favourite topic for questions at GCSE Economics. Here is a great example of ASDA pushing the boundaries to be the lowest price supermarket. Can their rivals continue to compete on price, or will they be forced into other tactics.

Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.

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