What Is a Zoom-In Pivot

question 16

Multiple Choice

What is a zoom-in pivot?

• A)The discovery that a single feature of the product is so successful that it becomes the whole product
• B)The discovery that multiple features of the product are not successful
• C)The discovery that a product is dangerous,and so is discontinued
• D)The discovery that all features of the product are successful and there is no need to re-launch

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Definitions:

Supply Curve

A graph showing the relationship between product price and quantity of product that a seller is willing and able to supply.

Quantity Supplied

The amount of a certain good or service that producers are willing to supply at a given price.

Inferior Good

A type of good for which demand decreases as the income of consumers increases, inversely related to the consumer's income.

Complementary Good

A product that is consumed with another product, where demand for one increases demand for the other.