Which of the following is not an explanation for why high-income and labor-saving products are most likely to be introduced in rich nations?
A) The opportunities for doing so are the greatest in rich nations
B) Poor countries actually prefer products and services associated with being low-income
C) The development of new products requires proximity to markets so as to benefit from consumer feedback in modifying the product
D) There is a need to provide service
Correct Answer:
Verified
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