Which of the following is not a source of product differentiation?
A) physical differences in products
B) differences in service provided by firms
C) differences in the location of sales outlets
D) All of the above are sources of product differentiation.
Correct Answer:
Verified
Q54: Long-run equilibrium under monopolistic competition is similar
Q55: Exhibit 14-1 Q56: When many sellers are involved in selling Q57: The restaurant market in San Francisco is Q58: Characteristics shared by monopolistically competitive markets and Q60: To maximize its profit,a monopolistically competitive firm Q61: As new firms enter a monopolistically competitive Q62: Exhibit 14-2 The following diagram depicts monopolistically Q63: Since a monopolistically competitive firm faces a Q64: When a firm's demand curve is tangent
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