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The gonads secrete hormones _________ from testes, and _________ from the ovaries.
Product Differentiation
A marketing strategy that businesses use to distinguish their products from similar offerings in the market through unique features, quality, or branding.
Market Power
The ability of a firm or group of firms to influence or control the terms and conditions of the market in which they operate.
Differentiated Product
A product that has distinct characteristics from its competitors, making it unique in the market.
Downward-Sloping Demand
A market condition where the quantity demanded of a good decreases as its price increases, adhering to the law of demand.
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