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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.
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संबंधित प्रश्न
Which one of the following is NOT found in a perfectly competition market?
Match the following:
| Column I | Column II | ||
| A. | Demand curve under perfect competition | (i) | Indeterminate demand curve |
| B. | Demand curve under monopoly | (ii) | Downward sloping but less elastic |
| C. | Demand curve under monopolistic competition | (iii) | Horizontal straight line |
| D. | Demand curve under oligopoly | (iv) | Elastic demand curve |
Why is there no need for selling cost under perfect competition?
Identify the market form for the item given below:
Product differentiation
Explain the main characteristics of a monopoly.
Which type of market structure is the following? Give reason.
Trucks
Which type of market structure is the following? Give reason.
Scooters
Which type of market structure is the following? Give reason.
Mobile phone services
Mention one feature of a monopoly market.
Name the characteristic which makes monopolistic competition different from perfect competition.
