Low Rates of Diffusion Should Be Approached Cautiously Because They

question 5

Multiple Choice

Low rates of diffusion should be approached cautiously because they can signal a market opportunity or lack thereof resulting from:

• A)low income levels, use of a substitute product or lack of acceptance.
• B)high income levels, use of a substitute product or lack of acceptance.
• C)low income levels, lack of substitute product or lack of acceptance.
• D)high income levels, lack of substitute product or lack of acceptance.

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Definitions:

Normative Economics

The branch of economics that focuses on what ought to be or what should happen, emphasizing value judgments about economic policies.

Automobile Emissions

The pollutants released into the atmosphere by motor vehicles running on fossil fuels.

Post Hoc, Ergo Propter Hoc

A logical fallacy that assumes a cause-and-effect relationship merely because one event followed another.

Unemployment Rate

The fraction of the workforce that is without a job and is actively searching for one.