Which of the Following Would Be a Demand and Supply

question 44

Multiple Choice

Which of the following would be a demand and supply characteristic toward the beginning stages of a product's life cycle?

• A) Demand has become more certain and supply is predictable.
• B) Margins are lower due to an increase in competitive pressure.
• C) Product availability is crucial to capturing the market.
• D) Price becomes a significant factor in customer choice.
• E) none of the above

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Definitions:

Compounded Monthly

The process of adding interest to the principal sum of a loan or deposit, or in other words, interest on interest, on a monthly basis.

Compounded Annually

Interest on an investment or loan calculated once a year on both the initial principal and the accumulated interest from previous periods.

RRSP

Registered Retirement Savings Plan, a Canadian retirement savings vehicle that offers tax benefits.

Ordinary Annuity

Definition: An annuity for which the payment or receipt of funds happens at the end of each period.