When the Total Market Expands, the Market ________ Usually Gains

question 85

Multiple Choice

When the total market expands, the market ________ usually gains the most.

• A) challenger
• B) leader
• C) follower
• D) nicher
• E) entrant

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Definitions:

Absolute Threshold

The minimum intensity of a stimulus that is required for the stimulus to be detected at least 50% of the time.

Just Noticeable Difference Threshold

The minimum difference in intensity between two stimuli required for the difference to be detected at least half the time.

Ultraviolet

A type of electromagnetic radiation with wavelengths shorter than those of visible light but longer than those of X-rays.

Infrared

Electromagnetic radiation with wavelengths longer than those of visible light but shorter than those of microwaves, used in various technologies including remote controls and thermal imaging.