Successful differentiation enables firms to set prices at the industry average and gain market

share.

Indicate whether the statement is true or false

TRUE

Business

You might also like to view...

When the value of a country's exports exceeds the value of its imports, the country has a(n) ________

A) industrial economy B) exchange control C) trade surplus D) trade deficit E) post-industrial economy

Business

A patent cannot be acquired for an invention that has been in public use for more than one year

at the time of application. Indicate whether the statement is true or false

Business