Idea Screening

question 91

Multiple Choice

Idea screening

• A)is the process of specifying the details of each idea's technological feasibility,its cost,how it can be marketed,and its market potential.
• B)is the process of selecting the most promising ideas to be further evaluated for feasibility.
• C)involves the first versions of products called prototypes which are used in further consumer testing.
• D)is the process of making the new product available to consumers.

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Definitions:

Equilibrium Quantity

Equilibrium quantity is the quantity of goods or services supplied and demanded at the equilibrium price, where the quantity supplied equals the quantity demanded in a market.

Emissions Tax

A tax levied on companies for the pollutants they emit into the environment.

Pollution

The introduction of contaminants into the natural environment that cause adverse change, affecting air, water, and soil quality detrimentally.

Tradable Emissions Permits

A market-based system that allows entities to buy or sell government-granted allotments of pollutants, promoting cost-effective pollution reduction.