Practice mode Analyzing Consumer Markets

Which type of risk is the opportunity cost of having to find another product after a failure?

Correct answer A. Time risk

Explanation

Time risk arises when a product fails and the buyer loses time and effort finding a satisfactory replacement.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.