Under the Business Model Canvas (BMC), What Components Are Related

question 25

Multiple Choice

Under the business model canvas (BMC) , what components are related to financial viability?

• A)revenue streams and market size
• B)cost structure and revenue streams
• C)investment funds and revenue streams
• D)revenue streams and growth projections

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Definitions:

Household Budget

An itemized summary of expected income and expenses for a defined period of time, typically for a household.

Price-Elastic

Describes a situation where the demand or supply for a good or service significantly changes in response to price changes.

Price Elasticity

A measure of the responsiveness of quantity demanded or supplied to a change in price.

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity of the good that suppliers are willing and able to sell.