Which of the Following Is an Example of Cannibalization

question 33

Multiple Choice

Which of the following is an example of cannibalization?

• A)A toothpaste manufacturer adds a new line of toothpaste (that contains baking soda)to its product line.
• B)A grocery store begins selling T-shirts featuring the local university's mascot.
• C)A basketball manufacturer adds basketball hoops to its product line.
• D)A convenience store begins selling pre-paid cell phones.
• E)A gas station starts selling diesel fuel.

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Definitions:

Monthly Payment

An amount paid every month, often related to loans or financial agreements like mortgages.

Compounded Monthly

Interest on an investment or loan calculated and added to the balance monthly, leading to interest on interest.

Amortized

Describes a loan or mortgage with scheduled periodic payments that cover both interest and principle over a certain time period.

Quarterly Withdrawals

Withdrawals made from an account or investment every three months.