Product differentiation
A)Involves charging different prices to different customers.
B)Is commonly practiced in perfect competition and monopoly markets.
C)Involves advertising unique product features.
D)Is a rarely successful advertising campaign.

Question

Quizplus · Accepted Answer

Product differentiation involves advertising unique product features to distinguish a product from its competitors. This can help a company to establish a competitive advantage and potentially charge higher prices for their unique product features.

Product Differentiation