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Product Variety
The range of different products or services offered by a company or available in a market.
Benefits
Advantages or positive outcomes that result from actions, policies, or products.
Monopolistically Competitive Markets
Markets characterized by many sellers offering products that are similar but not identical, allowing for some degree of market power and price differentiation.
Product Differentiation
This is a strategy where companies distinguish their products from those of competitors on bases such as quality, design, or customer service.
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