Question: Question ( 1 point ) Open Ebook section 1 2 . 1 Z 1 st attempt See Hint Product differentiation is the process that firms

Question (1 point)
Open Ebook section 12.1Z
1st attempt
See Hint
Product differentiation is the process that firms use to make a product more attractive to potential customers. On which of the following criteria can firms differentiate their products?
Choose one or more:
A. entry/exit (joining a market as a new firm, "retiring" as a firm)
B. style/type (language, size, speed)
C. number of competitors
D. excess capacity (ability to produce more than current output)
E. location (downtown, next door)
F. quality (durable, reliable, easily broken)
Question ( 1 point ) Open Ebook section 1 2 . 1 Z

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