The Main Difference Between a Generic Market and a Product-Market

Multiple Choice

The main difference between a generic market and a product-market is that:

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.