Samples Are Often Used for New Products When __________ Will

question 2

Multiple Choice

Samples are often used for new products when __________ will influence the diffusion of the product.

• A) relative advantage
• B) compatibility
• C) observability
• D) complexity
• E) trialability

---

Definitions:

Producer Surplus

The difference between what producers are willing to accept for a good versus what they actually receive, reflecting gains above production costs.

Sellers' Costs

The expenses incurred by sellers in producing or procuring goods for sale, including materials, labor, and overhead costs.

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity of that good that sellers are willing to supply.