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jacksonfive09 jacksonfive09
wrote...
Posts: 431
5 years ago

Question 1.

Apple improves the resolution of its iPhone camera by doubling the number of megapixels. This is an example of vertical differentiation.



▸ true

▸ false

Question 2.

Unlike a monopolistic firm's product, a monopolistically competitive firm's product



▸ is homogeneous.

▸ is a unique product.

▸ has many close substitutes.

▸ has no close substitutes.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
Read 67 times
1 Reply
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Answer verified by a subject expert
osvaldoguzmanosvaldoguzman
wrote...
Posts: 410
5 years ago
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jacksonfive09 Author
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5 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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this is exactly what I needed
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