The distinguishing of products by brand name, color, and other attributes
A) is known as interdependence.
B) is known as product differentiation.
C) leads to many firms in the market.
D) leads to collusion.
B
Economics
You might also like to view...
Income taxes are taxes paid on wages and investment income
Indicate whether the statement is true or false
Economics
Economists Leigh Linden and Jonah Rockoff researched the effect of the proximity of the residences of registered sex offenders to the values of other homes in the same area and found that the effects of having a sex offender in the neighborhood
A) are widespread and tend to remain unchanged with distance. B) are virtually nonexistent. C) reduce the average home value in the area by 50 percent. D) are highly localized and diminish rapidly with distance.
Economics