What kind of products are referred to as those products which are identical in quality, shape, size, colour and design?

Heterogeneous products

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Nominal products

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Homogeneous products

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Abnormal products

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Solution

The correct option is C
Homogeneous products

Homogeneous products are referred to as those products which are identical in quality, shape, size, colour, design, packing etc. Hence, buyers have no bias towards any particular seller.

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