Which Is Not a Form of Product Differentiation for the Monopolistically

question 26

Multiple Choice

Which is not a form of product differentiation for the monopolistically competitive firm?

• A) Brand names and trademarks
• B) Promotion and packaging
• C) Location and accessibility
• D) Standard weekday and weekend hours

---

Definitions:

Bankruptcy Costs

The expenses associated with the legal process of declaring an entity unable to pay its debts, including court fees, lawyer fees, and administrative costs.

Financial Distress

A situation where a company cannot meet, or has difficulty paying off, its financial obligations to its creditors.

Indirect Costs

Expenses not directly tied to a specific product or service, such as administrative and overhead costs.

Productivity Growth

The increase in the output of goods and services per unit of input, such as labor or capital, over a specific period.