One negative aspect of product differentiation is that it:
A)reduces market demand.
B)makes demand more elastic.
C)reduces consumer choice.
D)adds to costs.

Question

Quizplus · Accepted Answer

Product differentiation often involves adding features or making changes to a product to make it stand out from competitors. However, this can increase the costs of production, which can lead to higher prices for consumers. This can be a negative aspect of product differentiation.

One Negative Aspect of Product Differentiation Is That It