Which of the Following Is the Best Example of a Desirable

question 100

Multiple Choice

Which of the following is the best example of a desirable product?

• A) breakfast cereal
• B) cigarettes
• C) effective but foul-tasting medicine
• D) junk food
• E) dental insurance

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Definitions:

Sales Strategy

A planned approach to selling products or services with the aim of achieving consistent, long-term sales growth.

Excess Demand

Occurs when the quantity demanded of a good or service exceeds the quantity supplied at a given price, often leading to shortages.

Upward Pressure

Describes a situation in financial markets or economies where there is a force or trend leading to an increase in prices or rates.

Demand Curve

A graph representing the relationship between the quantity of a good that consumers are willing and able to purchase and its price.