Which of the Following Would Be a Demand and Supply

question 67

Multiple Choice

Which of the following would be a demand and supply characteristic toward the beginning stages of a product's life cycle?

• A)Demand has become more certain and supply is predictable.
• B)Margins are lower due to an increase in competitive pressure.
• C)Product availability is crucial to capturing the market.
• D)Price becomes a significant factor in customer choice.

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Definitions:

Great Society

A set of domestic programs launched by President Lyndon B. Johnson aimed at eliminating poverty and racial injustice in the United States during the 1960s.

Historical Significance

The importance attributed to a past event, person, or invention that had a profound impact on society and helped shape the course of history.

Civil Rights Movement

A struggle for social justice in the 1950s and 1960s in the United States aimed at ending racial discrimination and gaining equal rights under the law.

Anti-war Movement

Social movements, typically during periods of military conflict, that advocate for peace and are against the initiation or continuation of armed conflict.