Andrew Is Considering Two Models of Cars

question 38

Multiple Choice

Andrew is considering two models of cars.The size, price, and options are identical.However, one model gets better fuel mileage.This fact would be considered a(n) :

• A)core product.
• B)actual product.
• C)augmented product.
• D)ancillary product.

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Definitions:

Macroeconomic Factor

A Macroeconomic Factor is a condition or variable that impacts the economy at a broad scale, including inflation, unemployment, and economic growth rates.

Single-Index Structure

A model used in finance to describe the returns of a portfolio using a linear relationship between the return of the portfolio and the return of a market index.

Expected Returns

The anticipated average return on an investment, taking into account the probability of different outcomes, including both gains and losses.

Variances of Returns

The measure of the spread between numbers in a data set, representing the average of the squared differences from the mean, specifically used in the context of the returns on investments.