If You Look at an Organically-Grown Tomato and One That

question 52

Multiple Choice

If you look at an organically-grown tomato and one that has been chemically-enhanced, you can easily see the difference-one is perfectly formed and uniformly red and the other is not. In terms of product differentiation, this is an example of a:

• A) hidden difference.
• B) differentiation cue.
• C) perceptible difference.
• D) sensory cue.
• E) perceptual filter.

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Definitions:

U.S. Department Of Labor

A federal agency responsible for ensuring safe work conditions, minimum wage enforcement, unemployment insurance benefits, and other work-related supports and regulations.

GDP Deflator

An economic measure of inflation that adjusts the gross domestic product (GDP) for changes in price levels, reflecting the real economic output.

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, used as an indicator of inflation.

Inflation Rate

The percentage rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.