Question
Which among the following market structures has the
highest product differentiation?Solution
Monopolistic competition involves high product differentiation due to varied products in the market.
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25Â Â Â 26Â Â Â Â 28Â Â Â Â 32Â Â Â Â 42Â Â Â Â 56
11Â Â Â Â Â Â Â Â Â Â 9Â Â Â Â Â Â Â Â Â Â Â Â Â 20Â Â Â Â Â Â Â Â Â Â 18Â Â Â Â Â Â Â Â Â Â 37Â Â Â Â Â Â Â Â Â Â 36
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1500, 1450, 1390, 1350, 1240, 1150
4, 8, 24, 96, 485, 2880, 20160
56, 69, 90, 119, 156, 208
630, 180, 60, 24, 12, 8, 5
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3, 8, 15, 24, 35, 50, 63
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50, 64, 90, 134, 190, 260
