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Product differentiation refers to a . the advantage big firms have in research and development. b . the firm's attempt to make a lower quality

Product differentiation refers to
a. the advantage big firms have in research and development.
b. the firm's attempt to make a lower quality product resemble a higher quality product.
c. the firm's attempt to make real or apparent differences in essentially substitutable products.
d. the decision of consumers to purchase the cheaper product over the more expensive product.
e. the scenario in which one firm dominates an entire industry.
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