ECO2211 Microeconomics 01) Imagine that you own your business

ECO2211 Microeconomics 01) Imagine that you own your business. You are producing a product (it could be a service as well). You would like to differentiate your product a. Why would you want to differentiate your product? b. How would you do it? How would your product differ? Please provide a specific product: a detailed explanation of your original product and how you would differentiate it. 22) Is it possible for a firm in an oligopolistic market to make a product differentiation. If yes, please explain by providing example. If not, please explain why it is not possible. Q2) Is it possible for a firm in an oligopolistic market to make a product differentiation. If yes, please explain by providing example. If not, please explain why it is not possible.