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Business, 22.06.2019 08:10, gildedav001
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Business, 22.06.2019 12:20, Tierriny576
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Business, 23.06.2019 03:00, drainy0uandthefish
Why is the type of product sold in an industry an important characteristic? a firm that can differentiate its product from that of rivals may be able to charge a higher price for a superior product. a firm that sells intangible goods is usually considered a monopoly. service industries cannot differentiate their products, which makes it easy for new firms to enter the industry. expensive products are usually sold by perfectly competitive firms.
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