GreenMachine, a Hybrid Car, Is Considered to Be More Fuel-Efficient

question 63

Multiple Choice

GreenMachine, a hybrid car, is considered to be more fuel-efficient and environment friendly than a traditional gasoline-powered car. GreenMachine is an example of a(n) _____.

• A) functional innovation
• B) hedonic innovation
• C) symbolic innovation
• D) aesthetic innovation
• E) dynamic innovation

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Definitions:

Surplus

The amount by which revenue exceeds expenses in financial accounting, or in terms of inventory, more than what is needed.

Mortgage Debt

A loan secured by property, typically real estate, where the borrower is obliged to make a predetermined series of payments.

Deed of Trust

A legal document where real property is held in trust by a third party as security for a loan until the debt is paid off.

Borrower

An individual, organization or company that receives funds from a lender under the condition of returning the borrowed amount plus interest.