Which Statement Below Matches the Following: "Product Form into Product

question 22

Multiple Choice

Which statement below matches the following: "Product form into product class"?

• A)Xbox 360 into video game consoles
• B)video game consoles into Xbox 360
• C)video game consoles into software
• D)Playstation 4 into Xbox 360

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Definitions:

Net Income After Taxes

The profit a company retains after all operating expenses, interest, taxes, and preferred stock dividends have been deducted from total revenue.

Operating Costs

Operating costs are expenses associated with the maintenance and administration of a business on a day-to-day basis.

Depreciation Expense

The allocated portion of the cost of a fixed asset, written off each year over the asset's useful life for accounting and tax purposes.

Scarcity

Occurs when the amount people desire exceeds the amount available at a zero price.