Horizontally differentiated goods are goods where the prices are similar but the goods differ slightly in some perceived manner.

Name: Horizontally differentiated goods are goods where the prices are similar but the goods differ slightly in some perceived manner.
Brand: Quizplus
Rating: 4.8 (43 reviews)

Question

Quizplus · Accepted Answer

Horizontally differentiated goods are those that are similar in price and function but differ in terms of design, brand, or other attributes that make them unique to consumers, leading to preferences based on taste rather than price.

Horizontally Differentiated Goods Are Goods Where the Prices Are Similar