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andre [41]
4 years ago
12

Which market structure predominantly uses product differentiation to attract consumers?​

Law
2 answers:
nikitadnepr [17]4 years ago
8 0

Answer:

Monopolistic competition

Explanation:

this is the right answer for Edmentum/Plato

scoray [572]4 years ago
6 0

The market structure predominantly uses product differentiation to attract consumers -<u>Monopolistic Competition.</u>

Explanation:

The market structure that predominantly uses product differentiation is <u>Monopolistic Competition</u>, it consists of companies that market products with similar characteristics but the consumer perceive the products to be different and unique.

In a Monopolistic competition it is the characteristic of the product that makes it different form the other competing products.

The Monopolistic competition  is characterized by a relatively large number of sellers producing differentiated products like clothing, furniture, books.

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