The ________ broadly a market is defined, the more difficult it becomes to find ________.
A) more; substitutes
B) more; complements
C) less; substitutes
D) less; goods independent of each other

Question

Quizplus · Accepted Answer

When a market is defined more broadly, it encompasses a wider range of products or services, making it harder to find substitutes because the products included are already very diverse and cover a broad spectrum of needs or functions.

The ________ Broadly a Market Is Defined, the More Difficult