« previous next »

Author Question: A product that is a close substitute but not a perfect substitute for the products of the other ... (Read 84 times)

lunatika

  • Hero Member
  • *****
  • Posts: 548
on: Jun 29, 2018
A product that is a close substitute but not a perfect substitute for the products of the other firms is called
 
  A) a homogeneous product.
  B) an efficient product.
  C) a differentiated product.
  D) an inelastic product.

Question 2

Food is an example of a ________ good.
 
  A) nonrival and nonexcludable
  B) rival and excludable
  C) nonrival and excludable
  D) rival and nonexcludable


mistyjohnson

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Atherosclerosis. (a) A sectioned coronary artery that exhibits an accumulation of fatty plaque, whic Atherosclerosis. (a) A sectioned coronary artery that exhibits an accumulation of fatty plaque, whic
We are in the midst of the globalization of capitalism. The explosion that is sending products ... We are in the midst of the globalization of capitalism. The explosion that is sending products ...
Sex Hormone Products Sex Hormone Products
Sex Hormone Products Sex Hormone Products
Perfect Cubes Perfect Cubes
GloFish, marketed as the world’s first GM pet, are a controversial product of genetic engineering GloFish, marketed as the world’s first GM pet, are a controversial product of genetic engineering
Video: Homeostasis (range of body conditions, normal limits, mild stresses & severe stresses)

For a complete list of videos, visit our video library