All of the Following,except One,are Benefits of Product Differentiation

question 28

Multiple Choice

All of the following,except one,are benefits of product differentiation.Which is the exception?

• A)There is a wide variety of products for consumers to choice from.
• B)There are a large number of sellers from which consumers can choose.
• C)Goods are produced at the minimum average cost.
• D)Consumers benefit in terms of the locations and hours of operation of sellers.

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Definitions:

Disorderly

Characterized by a lack of order or organization; chaotic or unruly behavior.

Hypothetical

Refers to a proposed explanation or scenario based on conjecture rather than concrete evidence, often used as a starting point for further investigation.

Cognitive Development

The process through which individuals acquire and understand knowledge, develop thinking and problem-solving skills, and improve intellectual abilities across the lifespan.

Sensorimotor

Relating to the developmental stage in early childhood where learning occurs through sensory experiences and manipulating objects.