Homogeneous: Difference between revisions

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imported>Doug Williamson
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imported>Doug Williamson
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1.  ''Adjective.''
Without any important differentiating characteristics.
2.  ''Products.''
A homogeneous product has no distinguishing features, meaning that a consumer's preference is driven purely by price.
A homogeneous product has no distinguishing features, meaning that a consumer's preference is driven purely by price.
Sometimes spelled ''homogenous.''




== See also ==
== See also ==
* [[Commodity]]
* [[Commodity]]
* [[Heterogeneous]]
* [[Oligopoly]]
* [[Oligopoly]]
* [[Perfect competition]]
* [[Perfect competition]]


[[Category:The_business_context]]
[[Category:The_business_context]]

Latest revision as of 09:46, 10 July 2022

1. Adjective.

Without any important differentiating characteristics.


2. Products.

A homogeneous product has no distinguishing features, meaning that a consumer's preference is driven purely by price.


Sometimes spelled homogenous.


See also