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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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