A Product That Is a Close Substitute but Not a Perfect

question 110

Multiple Choice

A product that is a close substitute but not a perfect substitute for the products of the other firms is called

• A) a homogeneous product.
• B) an efficient product.
• C) a differentiated product.
• D) an inelastic product.

---

Definitions:

Document Theme

A cohesive set of design elements, including color schemes and font styles, applied to a document to ensure visual consistency and appeal.

Special Effects

Visual or auditory effects used in various media to enhance or alter the presentation, not present in the natural environment.

Slides

Individual pages in a presentation software program, such as PowerPoint, used to display information visually during a presentation.

Handout

A printed or digital document distributed to participants of a meeting, class, or presentation containing relevant information or exercises.