Which statement is an example of the threat of substitutions force?
A) frequent traveler's choice of auto rental
B) Toyota's purchase of auto paint
C) new car dealers
D) used car dealers

Question

Quizplus · Accepted Answer

The frequent traveler's choice of auto rental represents the threat of substitution force, as they may choose to rent a car rather than purchase one, which affects the demand for cars. The other answer choices do not represent the threat of substitution force.

Which Statement Is an Example of the Threat of Substitutions