Product differentiation O A is making a product slightly dif

Product differentiation O A. is making a product slightly different from the products of competing firms O B. occurs when two firms in an industry buy their factors of production from different suppliers C. is improving the quality of the product D. occurs when a firm tres to increase its market share by lowering the price of the good it produces Click to select your answer e D Stretchmarks D 16962 H17 Pst(S397.501 932-5253 BDS/S.1904 taelualde Guitiaris I ipl Injectabile Treatment Dysport Mad D ASDEES AUNT DONT CALL HER I WILL TEXT HER AND FIND OUT I 19 Appts 18 Appts.

Solution

Ans is A

Product differentiation is a process of making your product slightly different from your competitor. This is to be done mainly to absorb market share or to have market power.Product differentiation is the main chatacterstics of monopolistic competition.