Which of the following represents a group of products that are close substitutes, are available to a common group of buyers, and are distant substitutes for all products not included in the industry?

A go-cart manufacturer recently added shock absorbers to make the ride in its go-carts smoother. It has not changed its prices. What type of modification is this?

a. repositioning b. quality c. style d. upsale

The four usual methods of fixing value when a small business is being sold are by an expert

appraisal, a fixed priced formula, arbitration and a shotgun clause. Indicate whether the statement is true or false