When a Company's Product Is Changed but the Target Market

question 51

Multiple Choice

When a company's product is changed but the target market remains the same, then this is an example of a company practising which of the following?

• A)Tangible repositioning
• B)Technological repositioning
• C)Product repositioning
• D)Promotional repositioning

Utilize technology for solving inequalities and graphing solutions.

Understand the real rate of interest and its calculation considering inflation.

Distinguish between capital, money, primary, and secondary markets.

Recognize the role of financial markets and intermediaries in the economy.

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Definitions:

Decreasing Marginal

In economics, a situation where each additional unit of input results in a smaller increase in output compared to previous units.

Increasing Returns

A situation in production where an increase in the amount of inputs results in a disproportionately larger increase in output.

Production Isoquant

A curve that represents all combinations of inputs that produce the same level of output, used in the analysis of production technology.

Marginal Products

The additional output that is produced by using one more unit of a particular input, holding other inputs constant, critical in the analysis of production efficiency.