Mrs.Renfro's,Inc.,is a company that sells 25 different relishes in 45 different states.Mrs.Renfro's chipotle corn salsa is so popular that the company cannot make enough to keep its resellers stocked.Its price of $4.50 for a jar seems just right to consumers who savour its hot and spicy taste.The popularity of hot and spicy food is an example of a(n)_____ that Mrs.Renfro's has used to make its product a success.
A)exchange parameter
B)demand factor
C)supply factor
D)consumer index

Question

Quizplus · Accepted Answer

The popularity of Mrs.Renfro's chipotle corn salsa due to its hot and spicy taste is an example of demand factor, as it is a characteristic of the product that drives consumer demand. This has contributed to the success of the product and the company's inability to keep up with demand.

MrsRenfro's,Inc