WeShop4You has created a grocery delivery service that is unmatched by its competition. The value the company has created now makes it difficult to implement new ideas without spending more money than it originally took to start the business. This demonstrates the idea of
A) entrepreneurism.
B) a low-cost strategy.
C) consumer surplus.
D) diminishing returns.
E) offshoring.

Question

Quizplus · Accepted Answer

Diminishing returns refer to the point at which the level of benefits gained is less than the amount of money or energy invested, making it harder to implement new ideas without incurring higher costs.

WeShop4You Has Created a Grocery Delivery Service That Is Unmatched