Product differentiation refers to the: ____________.1. fact that as more of a product is produced the cheaper it becomes per uni
t. 2. response of incumbent firms to new entrants. 3. belief by customers that a product is unique. 4. ability of the buyer of a product to negotiate a lower price.
Answer: Belief by a customer that a product is unique.
Explanation: Product differentiation is a strategy used in marketing that strives to distinguish a company's products or services from the other competitors. product differentiation involves successfully identifying and communicating the unique qualities of a company's offerings while highlighting the distinct differences between those offerings and others on the market.
Product differentiation is based on the consumers' attention on one or more key benefits of a brand that make it better than other competitors, Also differentiation may reflect in the name, packaging, and promotion of a product, furthermore, a product differentiation strategy should demonstrate that a product can do everything the competing choices can but has additional benefits no one else offers.
Answer: he French and Indian War began in 1754 and ended with the Treaty of Paris in 1763. The war provided Great Britain enormous territorial gains in North America, but disputes over subsequent frontier policy and paying the war's expenses led to colonial discontent, and ultimately to the American Revolution.