Which of the Following New Product Categories Carry the Greatest

question 48

Multiple Choice

Which of the following new product categories carry the greatest risk?

• A)Additions to existing lines
• B)New products lines
• C)New-to-the world products
• D)Category development

---

Definitions:

Average Total Cost

The total cost of production divided by the number of units produced, representing the cost per unit of output.

Economies

Systems of production, distribution, and consumption of goods and services among individuals, businesses, and governments within a region or country.

Large Firms

Companies or enterprises that have a large scale of operations, significant market power, and a vast distribution of employees and resources.

Barrier To Entry

Factors that prevent or hinder companies from entering a specific market or industry.