Which of the following is the best example of a differentiated product?
A) Carrots
B) Airlines
C) Diamonds
D) Running shoes
E) Electricity

Question

Quizplus · Accepted Answer

Running shoes are a differentiated product because they vary in design, style, and technology used. Different brands offer unique features, such as cushioning or support, which appeal to different consumers with specific needs or preferences. Carrots, electricity, airlines, and diamonds are not differentiated products as they are largely homogenous or standardized in the market.

Which of the Following Is the Best Example of a Differentiated