_____ is a process of market competition through which unique products that command high prices and high margins gradually lose their ability to do so,thus becoming commodities.
A) Commodification
B) Singularization
C) Commoditization
D) Redistribution

Question

Quizplus · Accepted Answer

Commoditization is the process where unique products lose their distinctiveness and become indistinguishable from others, leading to lower prices and margins.

_____ Is a Process of Market Competition Through Which Unique