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Card 1 of 21

Why are businesses pushed to undercut rivals when customers see products as identical?

A

Customers have no reason to choose except price, so the cheapest business attracts them.

B

Customers have no reason to choose except location, so the nearest business attracts them.

C

Customers have no reason to choose except quality, so the most durable business attracts them.

D

Customers have no reason to choose except availability, so the largest business attracts them.

Card 1 of 21

2.2.1c Product differentiation Flashcards

  1. GCSE
  2. /Business
  3. /2.2.1c Product differentiation

21 flashcards on Edexcel GCSE Business 2.2.1c Product differentiation: the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2.

Flashcards