Research Shows That While Feature Bloat Can Increase the Capability

question 115

Multiple Choice

Research shows that while feature bloat can increase the capability of a new product and encourage a purchase,

• A) consumers are unable to articulate their reasons for purchase, which limits positive word of mouth.
• B) few brands take advantage of the opportunity to improve their offerings.
• C) there is typically such a large increase in price that few buyers respond.
• D) competitors typically respond so quickly that there is little impact on sales.
• E) the actual usage experience after purchase results in consumer dissatisfaction, or feature fatigue.

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Definitions:

Long-Run Aggregate Supply

Long-Run Aggregate Supply (LRAS) represents an economy's total production capacity when all factors of production are fully utilized, assuming constant technology and resource availability.

Real GDP

The measure of a country's economic output adjusted for price changes, such as inflation or deflation, giving a more accurate reflection of the economy's size and how it's growing over time.

Business Cycles

Fluctuations in economic activity characterized by periods of expansion (growth) and contraction (recession) in an economy.

Upward Trend

A pattern or movement in data points that shows an increase over a period of time, often used in economic, financial, and market analyses.