Determine Which of the Numbers Below Is a Possible Order

question 244

Multiple Choice

Determine which of the numbers below is a possible order of magnitude estimate of the quantity described.
-The total amount of money spent each year on food by Americans.

• A)Ten billion dollars
• B)One trillion dollars
• C)Thirty trillion dollars
• D)One hundred billion dollars

---

Definitions:

Brand Extension

The strategy of using an established brand name to launch a new or modified product in a different category.

Bic Brand Name

A well-known brand that specializes in making disposable consumer products such as lighters, razors, and pens.

Innovation Strategy

An approach a company takes to encourage new ideas, creative thinking, and new project developments to gain a competitive advantage.

Product Line Extension

The practice of expanding an existing product line by adding new variants, flavors, sizes, or features to the same brand.