A Product Is Turned into a Commodity When

question 143

Multiple Choice

A product is turned into a commodity when

• A) there is only one seller of a product
• B) there is no more incentive for new businesses to enter
• C) there is product differentiation
• D) economic profits can be earned
• E) consumers perceive the product to be differentiated

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Definitions:

Class

A blueprint for creating objects in object-oriented programming, defining the properties and behaviors of those objects.

Member Access Operator

In programming, an operator that accesses the property or method of an object or structure.

System.exit(0)

A method in Java that terminates the currently running Java virtual machine by initiating its shutdown sequence.

Garbage Collector

A component of the runtime environment responsible for automatically freeing memory by collecting and disposing objects that are no longer in use.