When _____, the Threat of a Substitute Good Is _____

question 75

Multiple Choice

When _____, the threat of a substitute good is _____.

• A) the price of a substitute good is high; high
• B) the degree of production differentiation is low; low
• C) a product has network externalities; high
• D) the cost is high for a customer to switch products, low

---

Definitions:

Positive Number

A positive number is a number that is greater than zero, found on the right side of zero on a number line.

Scanner Object

An object used in Java to parse primitive types and strings using regular expressions from an input source such as a file or standard input.

Standard Input

A method through which programs receive input from the user or another program, typically through the keyboard or a file.

Selection

The process of choosing or making a choice from a range of options.