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To which market is product differentiation relevant? - Economic Applications

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Questions

To which market is product differentiation relevant?

To which market form is product differentiation relevant? 

One Line Answer

Solution

Product differentiation is a key feature of monopolistic competition.

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Forms of Market Structure
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Chapter 5: Nature and Structure of Markets - QUESTIONS [Page 138]

APPEARS IN

Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 5 Nature and Structure of Markets
QUESTIONS | Q 14. ii | Page 138
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 5 Meaning and Types of Markets
Exercise | Q 15. (ii) | Page 116
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 5 Nature and Structure of Markets
QUESTION BANK | Q 8. ii | Page 140
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 5 Meaning and Types of Markets
QUESTION BANK | Q 8. (ii) | Page 117

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