Question
Topic: Student Questions
Difference Between Generic And Product Markets
i am not fully understanding the difference between generic and product markets. i have tried explaining it to others but it does not sound right.I get that in generic markets there is no talik of product types, but i think an example could help me clearly understand, i have one were the enternainment industry is the generic industry and the various music geners become the product markets , how far correct is this example?
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