One Way to Extend the Product Is by Creating ___________

question 43

Multiple Choice

One way to extend the product is by creating ___________.

• A) Additions to existing product lines
• B) New names for the same products
• C) Products from a different industry to your industry
• D) Products that look like the competitions but are not really different than the competitions'
• E) None of the above

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Definitions:

Unit Price

The price of a single unit of a product, used for comparison between different sizes or quantities.

Percent Increase

The percentage that represents the proportion of growth from the initial value to an increased amount.

Hourly Rate

The sum of money received for every hour worked.

Unit Price

The cost per single unit of an item or investment.