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Home > Terms > Armenian (HY) > տարբերակված ապրանք
տարբերակված ապրանք
1. A firm's product that is not identical to products of other firms in the same industry. Contrasts with homogeneous product. 2. Sometimes applied to products produced by a country, even though there are many firms within the country whose products are the same, if buyers distinguish products based on country of origin. This is called the Armington assumption.
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