Which of the following would be an example of vertical product differentiation?
A) rice
B) steel
C) cars
D) insurance
E) none of the above

Question

Quizplus · Accepted Answer

Vertical product differentiation refers to products that differ in quality and features, where consumers are willing to pay more for higher quality or better features. Cars are a prime example of this, as they come in various models, qualities, and feature sets, with prices reflecting these differences.

Which of the Following Would Be an Example of Vertical