________ Presents an Idea for a New Product to Potential

question 337

Multiple Choice

________ presents an idea for a new product to potential customers to test their reactions.

• A) Idea generation
• B) Concept testing
• C) Screening
• D) Prototype development

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Definitions:

Online Movie Distributors

Companies that provide movies over the internet, allowing users to stream or download films legally.

Online Content

Digital information available through the internet, including articles, videos, and social media posts.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a specific price point.

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price level.