economic question?
Consider the monopolistically competitive market for men’s cotton pants. One company claims that its pants remain wrinkle-free after washing them numerous times; one company claims that its pants are liquid-resistant; another company claims that it has pants for people of all height, weight, and physique. These companies differ in their production processes, but they use the same type of cotton cloth to produce their pants.
These sellers are differentiating their products by _____.
A. Type and style
B. Location
C. Quality
Keeping in mind the fact that these companies differ in their production processes, but they use the same type of cotton cloth to produce their pants, it has to be – A (Type and style)
Dockers Men’s Iron Free Khaki D3 Classic Pleat 7586227