Which One of the Following Statements Is True

question 13

Multiple Choice

Which one of the following statements is true?

• A)A variant is always a durable good with new features.
• B)An automobile is a nondurable good.
• C)Demand for goods is more difficult to predict than demand for services.
• D)Normally patents do not protect services.

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Definitions:

Difference Thresholds

The minimum difference in intensity between two stimuli required for detection 50% of the time, also known as the just noticeable difference (JND).

Blends of Coffee

Mixtures of coffee beans from different origins or varieties combined to create unique flavors and aromatic profiles.

Taste Variations

Differences in the perception of taste among individuals, often due to genetic, cultural, or environmental factors.

Priming

A psychology term referring to the process by which exposure to one stimulus influences the response to a subsequent stimulus, without conscious guidance or intention.