Question

The maker of hanes pantyhose attempts to set its product apart from the competition. as a result, the company obtained some limited control over the price of its product. achieving price control in this manner is known as

Answer 1

The correct answer is product differentiation. Product differentiation is being defined as a process that engages to differentiating services or products to others by means of having it to be able to be more productive and more appealing to the consumers.