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jonnyjon jonnyjon
wrote...
Posts: 450
5 years ago

Question 1.

In well-working markets, cost economies from standardization are reflected in the level of product variety.



▸ true

▸ false

Question 2.

In a well-working market, the underlying heterogeneity of consumers' tastes in that market are reflected in the level of product variety.



▸ true

▸ false
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
Read 51 times
1 Reply
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Answer verified by a subject expert
BobbyDBobbyD
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Posts: 381
5 years ago
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jonnyjon Author
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Smart ... Thanks!
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