MrsRenfro's, Inc

question 253

Multiple Choice

Mrs.Renfro's, Inc., is a company that sells 25 different relishes in 45 different states.Mrs.Renfro's chipotle corn salsa is so popular that the company cannot make enough to keep its resellers stocked.Its price of $4.50 for a jar seems just right to consumers who savor its hot and spicy taste.The popularity of hot and spicy food is an example of a(n) _________ that Mrs.Renfro's has used to make its product a success.

• A)exchange parameter
• B)demand factor
• C)supply factor
• D)consumer index
• E)macroeconomic environmental factor

---

Definitions:

Poverty Threshold

The minimum level of income deemed adequate in a particular country to sustain a family or individual in terms of their basic needs for food, shelter, clothing, and other essentials.

Hispanics

A term referring to people from, or descendants of people from, Spanish-speaking countries, particularly in the context of the United States.

Below the Poverty Line

Refers to individuals or families whose income falls below the official threshold defined by the government, indicating a lack of sufficient income to meet basic needs.

White Trash

A derogatory term directed at white people, especially the poor working class, implying low social status.