Define homogenous product?
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4
Answer:
The mixture of products of same quality and quantity..is called homogeneous product.
20ᴛʜᴀɴᴋꜱ+ꜰᴏʟʟᴏᴡ= ɪɴʙᴏx
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0
Answer:
Homogeneous product are considered to be homogenous when they are perfect substitutes and buyers perceive no actual or real differences between the products offered by different firms .Price is the single most important dimension along which firms producing homogeneous product complete.
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