'Planned Obsolescence' Might Involve All of the Following EXCEPT Which

question 166

Multiple Choice

'Planned obsolescence' might involve all of the following EXCEPT which one?

• A)the use of unsafe materials
• B)producers continually changing consumer styles
• C)the holding back of attractive functional features,then introducing them later to make older models obsolete
• D)the use of materials that will rust sooner than they should
• E)the use of components that will break soon after purchase

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Definitions:

Cost-Minimization Rule

A principle in economics that suggests a firm should produce any given output at the lowest possible cost.

Statements

Assertions or declarations, often formal and written, detailing facts or opinions.

Least Costly Combination

An economic principle that firms seek to achieve by using the combination of factors of production that minimizes their costs while producing a given level of output.

Marginal Product Data

Information regarding the additional output that can be obtained by adding one more unit of a particular input, holding all other inputs constant.