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Please don't use answer already out there Section 1 covers monopolistic competition; one thing that establishes this market structure is firms who make similar, but

Please don't use answer already out there

Section 1 covers monopolistic competition; one thing that establishes this market structure is firms who make similar, but not identical products through what is defined as differentiated products. For this discussion, your task is to:

  1. Pick one way in which products can be differentiated.
  2. Identify a good purchased by a firm that experiences this method of differentiation from their competition.
  3. Explain how this method of differentiation increases or decreases (or both within different populations) the demand for your specific good.

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