Consider the monopolistically competitive market for men's cotton pants. One company claims that its pants remain wrinkle-free after washing them numerous times; one company claims that its pants are liquid-resistant; another company claims that it has pants for people of all height, weight, and physique. These companies differ in their production processes, but they use the same type of cotton cloth to produce their pants.
These sellers are differentiating their products by _____.
A. Type and style
B. Location
C. Quality
2007-11-28 17:30:41 · 5 answers · asked by ss 1 in Business & Finance ➔ Other - Business & Finance
Keeping in mind the fact that these companies differ in their production processes, but they use the same type of cotton cloth to produce their pants, it has to be - A (Type and style)
2007-11-28 17:42:58 · answer #1 · answered by SPARTAN 5 · 0⤊ 0⤋
This is really basic stuff = if you have to ask you really aren't on the right course (or you can't be bothered to attend class / read the set books) ....
To give you a bit of help .. the Question makes no mention of B location .. so you can rule that out.
You are left with 2 possible answers ...
"wrinkle-free" and "liquid-resistant" COULD be Quality related ...however the third co. has "pants for people of all height, weight, and physique" = which is plainly NOT quality related ...
The final clue is that they "use the same type of cotton cloth"
Decide now ..
2007-11-28 18:11:50 · answer #2 · answered by Steve B 7 · 0⤊ 0⤋
A. Type and style
2007-11-28 18:11:14 · answer #3 · answered by Karim 2 · 0⤊ 0⤋
Hey dude stop posting so many economic questions and making our lives miserable. Cheers
2007-11-28 20:05:06 · answer #4 · answered by BB 3 · 0⤊ 0⤋
C
LOOK
2007-11-28 17:38:26 · answer #5 · answered by ìÇ × 2 · 0⤊ 0⤋