The Key Aspect to Product Differentiation Is

question 113

Multiple Choice

The key aspect to product differentiation is

• A)physical differences.
• B)ambience.
• C)convenience.
• D)the buyer's mind.

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Definitions:

Quantity Supplied

The amount of a good or service that producers are willing to sell at a given price over a specified period.

Supply

The total amount of a product or service that is available to consumers at a given price.

Supply Curve

A visual chart that illustrates the connection between a good's price and the amount of it producers are ready to offer.

Aluminum

A silvery-white, lightweight metal, it's the most abundant metal in the Earth's crust and is used in a vast array of products from cans to airplanes.