Question: What is product differentiation? Multiple Choice consumers who sort and group goods based on similar characteristics. the process of creating a standardized product with a

What is product differentiation?
Multiple Choice
consumers who sort and group goods based on similar characteristics.
the process of creating a standardized product with a lower-cost method than the competitors' method.
the process of informing the public of differences in products as a result of error.
firms who offer similar products to their competitors' products, but that are more attractive in some way

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