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Which of the following would be classified as a differentiated

product produced by a monopolistic competitor??
A. Water
B. Big Mac Sandwich
C. Corn at a roadside vegatable stand

1 Answer

5 votes

Final answer:

The Big Mac Sandwich would be classified as a differentiated product produced by a monopolistic competitor.

Step-by-step explanation:

In monopolistic competition, differentiated products are characterized by their variety and distinctive features. Out of the given options, the Big Mac Sandwich would be classified as a differentiated product produced by a monopolistic competitor. The Big Mac Sandwich is sold exclusively by McDonald's and has unique ingredients and preparation methods that differentiate it from other burgers in the market.

answered
User Marc Bernstein
by
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