Which of the Following Is NOT an Option for Extending

question 154

Multiple Choice

Which of the following is NOT an option for extending a product line?

• A) cannibalization
• B) downward product line stretch
• C) upward product line stretch
• D) two-way product line stretch
• E) filling-out product strategy

Recognize the impact of complementary and substitute resources on each other's demand.

Understand the principles of least-cost combination of resources and its effects on profit maximization.

Comprehend the decision-making process regarding employment of resources based on their marginal costs and marginal revenue products.

Learn the marginal productivity theory of resource demand and its implications for income distribution.

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Definitions:

Original Investments

The initial amount of money invested in a project or business by its owners or investors.

Net Income

Net income refers to the total earnings of a company once all costs, expenses, and taxes are deducted from its total revenue.

Salary Allowances

Specific amounts designated for employees that are over and above their standard salary, often for specific purposes like housing, transportation, or special duties.

Full Time

Employment status characterized by working a minimum number of hours defined by the employer, typically 35-40 hours per week.