a. few needs, many customers; broad needs, few customers; broad needs, many customers. b. many needs, few customers; little need, many customers; narrow needs, few customers. c. low-cost products; huge market needs; unique products. d. poor products available; few products available; no products available.

a. few needs, many customers; broad needs, few customers; broad needs, many customers. b. many needs, few customers; little need, many customers; narrow needs, few customers. c. low-cost products; huge market needs; unique products. d. poor products available; few products available; no products available.

Principles of Economics, 7th Edition (MindTap Course List)

7th Edition

ISBN:9781285165875

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter22: Frontiers Of Microeconomics

Section: Chapter Questions

Problem 4PA

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