Providing Low-Cost,simplified Versions of Familiar Products Can Be Impossible to Market

question 4

Multiple Choice

Providing low-cost,simplified versions of familiar products can be impossible to market in some regions,especially in Africa.Which of the following is a probable reason for nonexistent markets?

• A) poor channels of distribution
• B) inadequate physical infrastructure
• C) high tariffs
• D) severely impoverished population that don't even use money
• E) all of the above

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Definitions:

Restricted Choices

A situation characterized by limited options or alternatives available for selection.

Ethical Resistance

The act of opposing actions or decisions that violate moral principles or codes of conduct.

Lowball Technique

Getting someone to commit to an attractive proposition before its hidden costs are revealed.

Hidden Costs

Expenses not readily apparent at the time of purchase or decision-making, which can make a product or service more expensive than initially thought.