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A New Exercise Video Contends That with One Day of Fasting

question 8

Multiple Choice

A new exercise video contends that with one day of fasting and a one-hour period of intense cardiovascular exercise, the average individual can lose five pounds a week and be in peak health within six months of starting the program. __________ barriers could doom the new product to failure because the product's claims are not consistent with how consumers think and behave.


Definitions:

Price Elasticity

Measures the responsiveness of the quantity demanded of a good to a change in its price, indicating how changes in price affect consumer demand.

Demand Is Elastic

A condition where the quantity demanded of a good or service is significantly changed due to a change in its price. High elasticity indicates a sensitive reaction to price changes.

Total Revenue

The total amount of money received by a company for its goods or services before any expenses are subtracted.

Total Revenue

The total income generated by a firm from selling its goods or services.

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