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प्रश्न
When products are differentiated on the basis of advertisements, brand names etc., it is called as ______.
विकल्प
Real differentiation
Price differentiation
Artificial differentiation
Quality differentiation
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उत्तर
When products are differentiated on the basis of advertisements, brand names etc., it is called as Artificial differentiation.
Explanation:
Artificial differentiation is the fabrication of perceived distinctions between items in the same market or category using marketing strategies including branding, promotion, and packaging.
संबंधित प्रश्न
'Homogeneous products' is a characteristic of ______.
"The price of a product under perfect competition is determined by an individual seller."
Imperfect knowledge is a characteristic feature of:
A holiday resort in a remote village is very popular among the tourists. Since the connectivity is very poor with the outer world, the owner employs the local villagers for the functioning of the resort.
This is a case of:
To which market is product differentiation relevant?
Identify the market form for the item given below:
A single buyer
In which form of market do producers and consumers have perfect knowledge about the market conditions?
Which type of market structure is the following? Give reason.
Soft drinks
What does perfectly elastic demand curve faced by a competitive firm indicate?
There are a large number of buyers and sellers under a ______ market.
