Having Product Differentiation Means That a Firm

Multiple Choice

Having product differentiation means that a firm

A) cannot raise its price without suffering substantial loss of sales
B) shifts the demand for the product to the left
C) produces a good that is only a close substitute, at best, for the goods produced by other firms in the industry
D) produces a good that is a perfect substitute for the goods produced by other firms in the industry
E) has no incentive to advertise