Which of the Following Is an Example of a Sustaining

question 31

Multiple Choice

Which of the following is an example of a sustaining technology?

• A) Porsche's faster car
• B) Intel's low-end microprocessor
• C) Sony's transistor-based consumer electronics (transistor radio)
• D) All of these

Explain the paradox of value, also known as the diamond-water paradox.

Analyze the effects of external information (e.g., calorie counts) on consumer behavior.

Understand the budget constraints faced by consumers and how they affect consumption choices.

Explain the influence of changes in market conditions on consumer demand and utility.

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Definitions:

Marketing

The process of promoting, selling, and distributing a product or service, including market research and advertising.

Sales

The activities involved in selling products or services, including marketing, negotiation, and transaction processes.

Coffee Shop

A retail establishment that sells coffee, tea, and often light meals or pastries, providing a social or work space for customers.

Franchise

Contractual agreement in which a franchisee gains the right to produce and/or sell the franchisor’s products under that company’s brand name if they agree to certain operating requirements.