When a company practices planned obsolescence,it _____.
A)produces a product that is of a higher quality at a much lower cost
B)does not produce goods that are expected to last for a long period of time
C)recalls goods for which demand has fallen significantly in the market
D)differentiates its product slightly and sells the product at a much higher price

Question

Quizplus · Accepted Answer

Planned obsolescence refers to the design and production of goods with deliberately limited useful lifespans, encouraging consumers to replace them sooner than necessary. This strategy benefits companies by boosting sales and revenue, but can be detrimental to consumers and the environment. Therefore, option B is the correct choice as it describes the practice of creating products that are not intended to last for a long time.

When a Company Practices Planned Obsolescence,it _____