In an oligopoly, products that are different allow you to create perceived differences based on all of the following except _____________.
A) Quality
B) Savings
C) Features
D) Service
E) Performance

Question

Quizplus · Accepted Answer

Savings are not a product attribute but rather a pricing strategy. Therefore, it is not a factor that contributes to creating perceived differences among products in an oligopoly. The other options listed (quality, features, service, and performance) are all product attributes that can be used to differentiate products in an oligopoly market.

In an Oligopoly, Products That Are Different Allow You to Create