Which of the following would not be a demand and supply characteristic toward the beginning stages of a product's life cycle?
A) Demand is very uncertain and supply may be unpredictable.
B) Demand has become more certain and supply is predictable.
C) Margins are often high and time is crucial to gaining sales.
D) Product availability is crucial to capturing the market.
E) Cost is often of secondary consideration.

Question

Quizplus · Accepted Answer

In the beginning stages of a product's life cycle, demand is often uncertain and supply can be unpredictable. Margins are typically high as the product is new and time is crucial to gaining sales. Product availability is crucial to capturing the market, and cost may be of secondary consideration. However, as the product becomes more established, demand tends to become more certain and supply more predictable. Therefore, option B would not be characteristic of the beginning stages of a product's life cycle.

Which of the Following Would Not Be a Demand and Supply