Remaining Time: $09$ minutes, $53$ seconds.

Question Completion Status:

Question $7$ of $10$

Moving to another question will save this response.

$2$ points

Save Answ

Some products, such as vintage cars, sell at higher prices today than when they were in production, even though they have reached the decline phase of the product life cycle. Why would this be the case?

a$.$ Niche markets have developed, and supply is limited$.$

b$.$ There has been an increase in selective demand.

c$.$ The original manufacturers decided to resume production to increase supply.

d$.$ There has been a rise in demand among laggards.

Question $7$ of $10$