Effects That Arise from a New Product or Service That

question 102

Multiple Choice

Effects that arise from a new product or service that decrease sales of the firm's existing products or services are referred to as

• A) complementary effects.
• B) substitutionary effects.
• C) sunk effects.
• D) marginal effects.

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Definitions:

Association

Exists between two variables if the value of one variable changes with the value of the other.

Independent

Being self-governing or not influenced by external control, often describing a state of autonomy or self-reliance.

Qualitative

Pertaining to descriptions or distinctions based on qualities rather than on quantity or numerical values, often used in research to explore complex phenomena.

Connotative

Relating to the implied or associated meaning of a word or expression, beyond its explicit or dictionary definition.