Product differentiation refers to the:
A. Ability of the buyers of a product to negotiate a lower price.
B. Response of incumbent firms to new entrants.
C. Customer perception that a product is unique.
D. Fact that as more of a product is produced the cheaper it becomes per unit
A. Ability of the buyers of a product to negotiate a lower price.
B. Response of incumbent firms to new entrants.
C. Customer perception that a product is unique.
D. Fact that as more of a product is produced the cheaper it becomes per unit