To Limit Competition,oligopolists Often Practice Product Differentiation

question 266

True/False

To limit competition,oligopolists often practice product differentiation.

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Definitions:

Misleading Advertising

Misleading advertising refers to marketing material that deceives or is likely to deceive, and can significantly alter a consumer's economic behavior.

Class Action

A class action is a lawsuit filed by one or more plaintiffs on behalf of a larger group of people who are similarly affected, to address issues common to the entire class.

Physical Presence

The actual, bodily existence of a person or entity in a specific location at a given time.

Internet Sales

Refers to the process of buying and selling goods or services using the internet as the main medium of commerce.