A company introduced the Funday film to compete with lower-priced brands, but it found many of its regular customers buying Funday instead of its usual, higher-priced film. The company experienced ________
A) an upward line stretch
B) a product line contraction
C) disintermediation
D) cannibalization
E) filling in
D
You might also like to view...
Suppose that the feasible region of a maximization LP problem has corners of (0,0), (5,0), and (0,5). How many possible combinations of X and Y will yield the maximum profit if profit is given to be 5X + 5Y?
A) 0 B) 1 C) 2 D) 5 E) Infinite
Two sisters each open IRAs in 2011 and plan to invest $3,000 per year for the next 30 years. Mary
makes her first deposit on January 1, 2011, and will make all future deposits on the first day of the year. Jane makes her first deposit on December 31, 2011, and will continue to make her annual deposits on the last day of each year. At the end of 30 years, the difference in the value of the IRAs (rounded to the nearest dollar), assuming an interest rate of 7% per year, will be A) $19,837. B) $6,300. C) $12,456. D) $210.