Activity 2.2 : COMPLETE ME Complete the table below by supplying it with products that you consider similar. Write the product and not the brand in their respective columns. Then describe and differentiate its characteristics and uses. Primary Product Substitute Product No. ( Product name ) (Product name ) Example Butter - expensive price used Margarine – lesser price also used as as bread spread. bread spread 1. 2. 3. 4. 5.

Activity 2.2 : COMPLETE ME Complete the table below by supplying it with products that you consider similar. Write the product and not the brand in their respective columns. Then describe and differentiate its characteristics and uses. Primary Product Substitute Product No. ( Product name ) (Product name ) Example Butter - expensive price used Margarine – lesser price also used as as bread spread. bread spread 1. 2. 3. 4. 5.

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter14: Monopoly

Section: Chapter Questions

Problem 14.13P

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