statement is incorrect and underline the incorrect word and write the correct answer. 1. One of the strategies of suppliers is to provide discounts to clients who buy small quantities of a specific good or service. 2. In business, competitors are a must to ensure quality products and services. 3. Affordable price means lesser market share. 4. Soya milk is an example of substitute product for fresh milk. 5. Low quality means high satisfaction to customers.

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter14: Monopolistic Competition And Product Differentiation
Section: Chapter Questions
Problem 15P
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Identify if it is True or False.
Activity 1.Modified True or False. Write True if statement is correct, write False if
statement is incorrect and underline the incorrect word and write the correct
answer.
1. One of the strategies of suppliers is to provide discounts to clients
who buy small quantities of a specific good or service.
2. In business, competitors are a must to ensure quality products and
services.
3. Affordable price means lesser market share.
4. Soya milk is an example of substitute product for fresh milk.
5. Low quality means high satisfaction to customers.
Transcribed Image Text:Activity 1.Modified True or False. Write True if statement is correct, write False if statement is incorrect and underline the incorrect word and write the correct answer. 1. One of the strategies of suppliers is to provide discounts to clients who buy small quantities of a specific good or service. 2. In business, competitors are a must to ensure quality products and services. 3. Affordable price means lesser market share. 4. Soya milk is an example of substitute product for fresh milk. 5. Low quality means high satisfaction to customers.
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