Horizontal Differentiation Occurs When

question 33

Multiple Choice

Horizontal differentiation occurs when:

• A)one product is always considered superior to the other across a broad spectrum of consumers.
• B)some consumers consider a company's product or group of products to be superior to another company's product or group of products, but not all consumers have the same viewpoint.
• C)an inventor in the telecom industry comes up with a completely new and innovative product.
• D)the demand curve is horizontal in an oligopolistic industry.

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Definitions:

Glenoid Fossa

A shallow depression in the scapula that articulates with the head of the humerus, forming the shoulder joint.

Scapula

A bone that connects the humerus (upper arm bone) with the clavicle (collar bone) and is commonly known as the shoulder blade.

Clavicle

The collarbone, between the sternum and scapula.

Humerus

The humerus is the long bone in the upper arm that extends from the shoulder to the elbow, connecting with several muscles and joints.