Terrafugia Transition is a flying car with an anticipated price of $250,000.The MOST LIKELY prospective customers for this aircraft/vehicle would be
A) college students who are interested in high technology products.
B) retired seniors who live off their Social Security checks.
C) corporate executives of Fortune 1000 companies whose time is valuable.
D) 16-year old teenagers who just got their drivers' licenses.
E) no one, since the Transition is too revolutionary and expensive for anyone to buy it.

Question

Quizplus · Accepted Answer

The high price of the Terrafugia Transition makes it accessible only to a very wealthy demographic. Corporate executives of Fortune 1000 companies are the most likely prospective customers because they have the financial means to afford such a revolutionary and expensive product, and their time is valuable, so they can benefit from the aircraft's ability to take off and land at small airports and avoid traffic congestion on the roads. College students and teenagers are unlikely to be able to afford the price tag, and retired seniors on fixed incomes are not a typical market for this type of product.

Terrafugia Transition Is a Flying Car with an Anticipated Price