WordNet-Online
Free dictionary and thesaurus of English. Definitions, synonyms, antonyms and more...
Hint: double-click any word to get it searched!

	Enter your search terms Submit search form
	Web www.wordnet-online.com

Definitions from the Web

Homogenous Product

Description:

A homogenous product refers to a good or service that is standardized and identical across the market. It lacks any distinguishable features or attributes that would set it apart from other similar products.

Sample Sentences:

1. The supermarket sells homogenous products such as generic brand canned goods.
2. In a perfectly competitive market, firms produce and sell homogenous products.
3. Due to the lack of differentiation, pricing becomes a crucial factor when selling homogenous products.

Related Products:

Explore related products on Amazon:

• Generic Canned Goods
• Homogenous Products
• Perfectly Competitive Market