Managerial Economics
5th Edition
ISBN: 9781337681599
Author: Luke M. Froeb; Brian T. McCann; Michael R. Ward
Publisher: Cengage Limited
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Textbook Question
Chapter 10, Problem 7MC
If a firm successfully adopts a product-differentiation strategy, the elasticity of
- a. increase.
- b. decrease.
- c. become marginal.
- d. be unaffected.
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