I would say that it’s impossible to give a precise definition of a product because it’s not clearly defined, and yet there are many similarities between the two.
Standardization is when a product is so similar that the users don’t know or care which of the companies producing them. So we have an oligopoly of big-box stores in which the big-box stores don’t have a monopoly. But they are certainly monopolistic because they have a very standardized product, and consumers can’t possibly make an informed choice between the two.
the problem with a standard product is that its in fact a monopoly. And in the case of the big-box store, they dont have a monopoly because the big-box is doing so much better than the small-box. Since the small-box is not doing as well as its big-box, it needs to make more money to survive. And to survive it needs to differentiate itself from the big-box.
The main problem with a standard product is that it is a monopoly. The big box is a monopoly, and the small box is not. So if you are buying a smaller box, maybe you can make more money by selling more products. Or you can sell more products in smaller boxes because you can have more competition. But that is only because the small box is being bought and sold at a disadvantage. You have to have a product that works for you, and that product is not a monopoly.
A monopoly is when a market is controlled by a single company. So if you own your own pizza shop, you have a monopoly. But if you have a pizza shop that has a monopoly, you can’t be a pizza shop.
That’s a very interesting way of looking at it. If you own your own pizza shop, you can make a lot of the pizzas that you sell. But if you have a monopoly pizza shop, you can’t make pizzas.
In a standard market there is always a single producer of a standardized product. It’s what makes the market monopoly is different. A typical example of a standard market is the car. A typical example of a standard market is the car. A typical example of a standard market is the car.
the market is a standard product that has a standard price. The car has a particular amount of money that needs to be made. This particular amount of money is what makes the car a car. A market is a market because its based on a standard price. But a market doesnt have a specific amount for the money.
The price of a standard product doesn’t always equal the price of a standard product. For example, the price of a standard car may be higher than the price of a standard vehicle. But most manufacturers have some sort of standard product that they know what that price is.