Product Differentiation Is

question 57

Multiple Choice

Product differentiation is

• A)the ability of consumers to determine differences in different units of the same product.
• B)the existence of varying degrees of differences among similar items.
• C)the spin-off of one product line from another.
• D)an attempt by salespeople to make the products they sell appear different from products others sell.
• E)the opposite of production.

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Definitions:

Positive Feedback

Mechanism of homeostatic response in which the output of the system intensifies and increases the activity of the system.

Negative Feedback

Mechanism of homeostatic response by which the output of a system suppresses or inhibits activity of the system.

Metabolic Rate

The rate at which energy is expended by the body to maintain basic physiological functions and to perform activities.

Thyroid

A gland in the neck that produces hormones regulating the body's metabolic rate as well as heart and digestive function, muscle control, brain development, and bone maintenance.