The principle of minimum differentiation is the tendency for competitors to make themselves to appeal to the maximum number of . A. identical; clients or voters B. different; clients or voters C. identical; other competitors D. different; other competitors

Which of the following results in an increase in the standard of living? a. an increase in unemployment pushes down the cost of production. b. wages go up to correct for the inflation of prices. c. income increases, enabling consumers to buy more goods and services. d. rising production costs drive up the price of goods and services.