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skawa1991 skawa1991
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6 years ago
Firms that sell highly customized items such as motorcycles charge higher mark-ups than firms selling similar, but homogeneous products. An explanation for their market power is the
A) bandwagon effect.
B) greater value effect.
C) snob effect.
D) behavioral effect.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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Slipknot_137Slipknot_137
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6 years ago
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