Chapter is attached. Just need 150-175 word answering the question and referencing the chapter.
Any large grocery store carries at least seven different kinds of corn chips–baked, fried, salsa-flavored, white, yellow, blue, and lime-flavored.
- When is product differentiation real and when is it an illusion?
- Is there an objective universal answer to a?
- Are there any individually objective answers to a and b?
- Does your answer to c tell you anything about the economic implication of the benefit of markets? (Hint: Is the assumption of rational consumers with well-ordered preference functions necessary to the argument)?