Product Differentiation Means

question 137

Multiple Choice

Product differentiation means

• A) making a product that has perfect substitutes.
• B) making a product that is entirely unique.
• C) the inability to set your own price.
• D) making a product that is slightly different from products of competing firms.
• E) making your demand curve horizontal.

---

Definitions:

Pesticides

Chemical substances used to kill or control pests in agriculture, landscaping, and public health applications.

Implied Warranty

A legal concept presuming that sold goods are fit for their intended purpose, even if not expressly stated by the seller.

Clearly Stated

Clearly stated refers to information or terms presented in a manner that is straightforward and unambiguous, leaving little to no room for interpretation.

Emotional Distress

A legal claim for damages that may arise from an incident causing significant psychological impact and suffering to an individual.