Small changes in consumer demand can lead to considerable shifts in business product demand and are referred to as the ________.
A) transactional effect
B) transverse effect
C) degree of affiliation
D) acceleration effect
E) multi-attribute model

Question

Quizplus · Accepted Answer

The acceleration effect describes how small changes in consumer demand can lead to significant shifts in business product demand, as businesses adjust their inventory levels in anticipation of future demand changes.

Small Changes in Consumer Demand Can Lead to Considerable Shifts