Virtual Realities Are Still Relatively New, but More People Are

question 25

Multiple Choice

Virtual realities are still relatively new, but more people are gaining a familiarity with this technology. Competitors are beginning to emerge. Oculus Rift decides it is time to start releasing promotion that markets the advantages of its virtual reality headset compared to competitors. Oculus Rift is attempting to build

• A)new introductory demand.
• B)selective demand.
• C)competitive demand.
• D)comparative demand.
• E)introductory demand.

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Definitions:

Sociological Immobilities

Barriers within a society that prevent or impede individuals’ ability to move up the social or economic ladder.

Compensating Differences

Wage differentials that arise to compensate workers for the desirability or undesirability of a job, based on factors like risk or location.

Nonmonetary Characteristics

Attributes or factors that influence decisions and behavior that are not related to financial aspects, such as personal preferences or cultural values.

Human Capital

The knowledge and skills that make a person productive.