Which of the Following Is a Drawback of Crowdfunding

question 17

Multiple Choice

Which of the following is a drawback of crowdfunding?

• A) A fast way to raise money with no upfront fees
• B) A good way to test the public's reaction to the product
• C) Others may copy the idea
• D) Helps in marketing a product

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Definitions:

United States

A country in North America consisting of 50 states and a federal district, known for its large economy and diverse population.

Market Equilibrium Price

This is the price at which the quantity of a good supplied equals the quantity demanded, balancing out the market forces of supply and demand.

Super Bowl

An annual championship game of the National Football League (NFL) in the United States, celebrated as a major cultural event with significant viewer engagement and elaborate halftime shows.

Scalping

A trading strategy that aims to profit from small price changes, frequently entering and exiting trades.