Question: Type True or False. If you answer False, then explain why the statement is false (1 line). If you answer True do NOT explain. A

Type "True" or "False." If you answer "False", then explain why the statement is false (1 line). If you answer "True" do NOT explain.

"A company producing an undifferentiated product and competing with internationally diversified competitors will face a relatively high price elasticity of demand for its products and possess a relatively low degree of pricing flexibility."

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