A basic difference between a "generic market" and a "product-market" is:

A basic difference between a "generic market" and a "product-market" is:



A) whether or not sellers in the market rely on e-commerce.

B) how similar the competing sellers' products are.

C) whether customer needs are similar or different.

D) whether the market includes only buyers--or both buyers and sellers.

E) There is no difference--the terms mean the same thing.



Answer: how similar the competing sellers' products are.


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