Which of the hypothetical new products, if successful, would most ...

[cartlidgeashley]

Which of the hypothetical new products, if successful, would most likely diffuse its production and sales according to the product life cycle theory?
 
  A) a Ferrari sports car selling for 200,000 to a niche, upper-end market
  B) a Sony television that receives global transmissions without a satellite dish or cable connection, introduced at a high price but targeted eventually for sale to a mass market
  C) a new Diet Coca-Cola soft drink flavored with cranberries
  D) a Kyocera plastic chip carrier, which is expected to be quickly obsolete because of innovations

Question 2

During the gold standard, most firms preferred their payment in gold rather than in currency.
 
  Indicate whether the statement is true or false

[olderstudent]

Answer to Question 1

Muchas Gracias

Answer to Question 2

FALSE