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Product differentiation is a key component of monopolistic competition. Given the scenarios, label them accordingiy? products are differentiated. GrrrArg! Productions attempts to carve out a

Product differentiation is a key component of monopolistic competition. Given the scenarios, label them accordingiy? products are differentiated.
GrrrArg! Productions attempts to carve out a niche in the crowded zombie film industry by specializing in movies featuring only finger-puppet zombies.
Wayne is a beginning photographer. He is in the market to buy a new camera lens and notes that certain lenses take clearer pictures but they become exponentially more exnensive in nurchase as the sharnness of the imaore
Jay is a Korean pop star, and as such, he has long, flowing hair. One day, he decides to retire from the singing industry and walks to the local Procuts rigl outside his apatment, despite it being more expens than the Supercuts 10 minutes awav.
The video game industry caters to a wide array of people, with games like Final Fantasy to appeal to the role playing type, Tekken for those who like fighting
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