Which of the Following Is the Smallest Portion of the Market

question 170

Multiple Choice

Which of the following is the smallest portion of the market basket of goods that makes up the CPI?

• A)housing
• B)food and beverages
• C)transportation
• D)apparel

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Definitions:

Developing Economies

Countries that are in the process of industrialization, with relatively low per capita income and seeking to improve their economic base.

Market-Creating Innovations

Innovations that establish new markets by solving unserved or underserved problems and fulfilling unmet needs.

Performance Innovations

Innovations aimed at enhancing the efficiency, productivity, or effectiveness of operations in organizations or systems.

Efficiency Innovations

Innovations focused on improving the efficiency and productivity of processes, systems, or technologies.