Which of the Following Conclusions Can Be Drawn from the Below

question 56

Multiple Choice

Which of the following conclusions can be drawn from the below figure using the Bass forecasting model? (Note: Bass forecasting model is given by: F_t = (p + q[C_t - ₁ /m]) (m - C_t - ₁) ,
Where m = the number of people estimated to eventually adopt the new product,
C_t - ₁ = the number of people who have adopted the product through time t - 1,
Q = the coefficient of imitation, and
P = the coefficient of innovation.)

• A) q < p
• B) q > p
• C) m < q
• D) p > m

---

Definitions:

Ideal Expectation

The highest or most perfect level of expectation that consumers hold regarding a product or service and its performance.

Minimum Tolerable Expectation

The lowest level of performance or outcome that is acceptable to stakeholders or within a certain context.

Wii U

A home video game console developed by Nintendo, known for its unique gamepad and a blend of handheld and console gaming features.

Value-Based Pricing Strategy

A pricing strategy where the price is set based on the perceived value of a product or service to the customer rather than on the cost of the product or competitive prices.