The effect of product differentiation is to: A. start a price war. B. reduce pri

Question

The effect of product differentiation is to: A. start a price war. B. reduce prices to the noncooperative level. C. reduce the intensity of competition among the firms in the oligopoly. D. increase the intensity of competition among the firms in the oligopoly. The effect of product differentiation is to: A. start a price war. B. reduce prices to the noncooperative level. C. reduce the intensity of competition among the firms in the oligopoly. D. increase the intensity of competition among the firms in the oligopoly.

Explanation / Answer

C) reduce the intensity of competition among the firms in the oligopoly.

By,

Nishant Bhatt

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