A Good or a Service Will Likely Fail to Be

question 64

Multiple Choice

A good or a service will likely fail to be profitable if which of the following adopters does not purchase the product?

• A)late majority
• B)innovators
• C)early adopter
• D)early majority
• E)laggards

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Definitions:

Shadow Price

The monetary value assigned to one additional unit of a resource in the context of a constrained optimization problem.

Assembly Time

The total time required to put together various components or subsystems into a finished product.

Overtime Pay

Additional compensation paid to employees for hours worked in excess of the standard workweek, typically at a higher rate.

Feasible Solution

A solution that meets all the constraints of a problem in operations research or optimization.