Economy, asked by kasidaryan2003, 3 months ago

homogenous product:perfect competition ::product differentiation:​

Answers

Answered by ashajakhar1983
1

Answer:

Explanation:

In a monopolistic market, the products are close substitutes of each other but they are not identical in nature. This is known as product differentiation where the nature of the product is similar with a slide variation in it.

Answered By Manav kaswan

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