Multiple Choice
What is the main difference between a generic market and a product-market?
A) A generic-market involves a less similar set of needs than does a product-market.
B) A product-market is usually larger than a generic market.
C) Product-markets usually don't involve competition,but generic markets do.
D) Sellers in a generic market are more concerned with prices than sellers in a product-market.
E) There is no difference between the two.
Correct Answer:
Verified
Correct Answer:
Verified
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