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If You Look at an Organically-Grown Tomato and One That

question 60

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If you look at an organically-grown tomato and one that has been chemically-enhanced,you can easily see the difference.One is not perfectly formed and uniformly red and the other is.In terms of product differentiation,this is an example of a:


Definitions:

Location Differentiation

A strategy businesses use to establish a competitive advantage based on the physical location of a service or product offering.

Monopolistic Competition

A market structure characterized by many firms selling products that are similar but not identical, allowing for competition.

Mandarin Oranges

A small citrus fruit with a sweet flavor and easy-to-peel skin, often eaten fresh or used in salads.

Cable TV Service

A system of delivering television programming to consumers via radio frequency signals transmitted through coaxial cables or digital light pulses.

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