Ashl2320 Ashl2320

25-01-2024
Business

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Joseph is picking up fast food for dinner tonight. He stops at two places, McDonald's and KFC. While he likes the fried chicken at KFC, he prefers the fries at McDonald's. This is an example of product differentiation and its influence on
O excess capacity
O market power,
O markup
O marginal benefit
O trade-offs.

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