Which of the following is the best example of a differentiated product?
A) beets in the local supermarket
B) diamonds
C) airlines
D) running shoes
E) electricity

Question

Quizplus · Accepted Answer

Running shoes are a good example of a differentiated product because there are various brands and types of running shoes with different features and specializations. Customers are willing to pay more for running shoes with specific features or brand names that suit their needs or preferences, making them differentiated products.

Which of the Following Is the Best Example of a Differentiated