What Is the Term for Those Products Which Consumers See

question 147

Multiple Choice

What is the term for those products which consumers see as interchangeable (one for the other) ?

• A)Normal products.
• B)Complementary products.
• C)Substitute products.
• D)Inferior products.

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Definitions:

Investment Grade

A rating that indicates a municipal or corporate bond has a relatively low risk of default, making it an attractive investment option for risk-averse investors.

Yield to Call

The yield of a bond or note if you were to buy and hold the security until the call date.

Call Premium

The amount above the par value a bondholder receives if the issuer redeems a bond before its maturity date.

Semiannually

A term describing an action or event that occurs twice a year.