Maharashtra State BoardHSC Commerce 12th Board Exam
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Define 'Or' Explain the Following Concept . - Economics

Short Note

Define 'or' explain the following concept.

Product Differentiation:

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Solution

Product is differentiated in monopolistic competition. Products differ from each other in many ways. Product differentiation can be take place in the form of brand name and trade mark. Products may be differentiated in terms of color, size, design, taste, etc.

Concept: Main Market Forms
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