Which of the Following Factors Can Potentially Halt the Availability

question 48

Multiple Choice

Which of the following factors can potentially halt the availability of a firm's product or service?

• A) Lack of competitors
• B) Having a critical mass of user support
• C) Low prices
• D) Strong bargaining power of the firm
• E) Bankruptcy

---

Definitions:

Piece-rate

A payment method where workers are paid a fixed rate for each unit of production completed, encouraging productivity by directly linking pay to output.

Moral Hazard

A situation where one party takes on excessive risk because the negative consequences of the risk will be borne by another party.

Antilock Brakes

A safety system in vehicles that prevents the wheels from locking up and skidding during braking, improving control.

Self-medicating

The practice of using drugs, alcohol, or other substances to treat one's ailments without professional guidance, which can lead to misuse and health problems.