To the extent that differences in product complexity lead customers to conclude that the products of some firms are more valuable than the product of other firms, then product complexity can be a basis of product differentiation.
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Verified
Q14: Product differentiation is a business strategy whereby
Q15: Chryslers' introduction of the "cab forward" design
Q16: Firms selling differentiated products face a horizontal
Q17: Edward Chamberlin described firms selling differentiated products
Q18: While firms often alter the objective properties
Q20: If products or services are perceived as
Q21: Firms with highly differentiated products may have
Q22: McDonald's is an excellent example of a
Q23: Product differentiation helps reduce the threat of
Q24: Firms able to successfully differentiate their products
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