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Greeley [361]
3 years ago
8

What market structure predominantly uses product differentiation to attract consumers?

Business
2 answers:
son4ous [18]3 years ago
6 0
 monopolistic competition, if you are asking a question from plato
My name is Ann [436]3 years ago
6 0

Answer: Monopolistic Competition.

Explanation:  The market structure that predominantly uses product differentiation is Monopolistic Competition, which consists of companies that market products with similar characteristics but that the consumer as such perceives as if said product were unique and different. That is where the differentiation of products is accommodated by the characteristics that it presents that makes it different from competing products.

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Answer: Option E

Explanation: In a free market system the prices of goods and services produced are determined by the market forces of demand and supply. This are also known as open market.

The intervention of govt. in regulating such markets is very minimal. Thus, the control in such markets stands in hands of private owners. Therefore, the private owners produce with the single aim of profit maximization in such economies.

Hence we can conclude that the right option is E.

4 0
3 years ago
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ycow [4]

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3 years ago
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Answer:

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7 0
3 years ago
Amy, who has been an accountant for 12 years, worked for Arnold and Post, a mid-size law firm in Huntsville. At the end of each
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Answer:

time period

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