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Which statement indicates CORRECTLY why firms make several versions of a product? Wouldn't it be more efficient to produce a single style? Different people want different things. Different resources can be used to make things differently. The law requires firms to provide choices to consumers. all of the above
Firm make several versions of a product because, "Different people want different things." This is an essential aspect of taste in the market, whereby different individuals have different tastes for goods and services.
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