Which of the Following Is Not a Characteristic of Substitute

question 11

Multiple Choice

Which of the following is not a characteristic of substitute products X and Y?

• A)They have the same or similar product performance characteristics
• B)They have the same or similar occasions for use
• C)They are sold in the same geographic market
• D)Customers are indifferent between X and Y
• E)A price increase of X while keeping the Y's price constant leads to a drop in purchases of X and an increase in purchases of Y

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Definitions:

Safety and Security

Refer to measures and protocols implemented to protect individuals from harm or danger, ensuring physical wellbeing and protection against threats.

Motivated

Having a desire or willingness to act or work towards achieving personal or defined goals.

Self-Actualising

Self-actualising refers to the realization or fulfillment of one's talents and potentialities, especially considered as a drive or need present in everyone.

Mystical Experiences

Profound and often spiritual experiences that provide a sense of unity or oneness with the universe, often altering one's perception and understanding of reality.