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Consumers Do Not View All Types of Coffee as Identical

question 103

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Consumers do not view all types of coffee as identical to one another.Some prefer iced coffee,while others will only drink non-fat latte.Still others will only drink chai latte or a cappuccino.This marketplace condition in which consumers do not view all competing products as identical to one another is called _____.


Definitions:

No-Load Voltage

The voltage of an electrical device or circuit when no load is connected, representing its maximum voltage output.

Internal Resistance

The resistance inherent to a power source.

Cell

The basic structural, functional, and biological unit of all living organisms, or a device that converts chemical energy into electrical energy in a battery.

Specific Gravity

A dimensionless number that describes the ratio of the density of a substance to the density of a reference substance, typically water at 4 °C.

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