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In general, the greater the degree of product differentiation? Question 8 Select one: The greater the chance of customers switching suppliers. The more intense is

In general, the greater the degree of product differentiation?

Question

8

Select one:

The greater the chance of customers switching suppliers.

The more intense is competition.

The less elastic is the demand curve.

The more elastic is the demand curve.

The smaller is the firm

s profit.

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