When businesses can promote different features of their products and consumers are willing to pay more for products containing the features they desire,the competitive environment is probably
A) pure competition.
B) monopolistic competition.
C) oligopoly.
D) monopoly.
E) pure capitalism.

Question

Quizplus · Accepted Answer

Consumers value some features more than others and are often willing to pay higher prices for the feature they want.

When Businesses Can Promote Different Features of Their Products and Consumers