Which scenario best illustrates the fact that the demand for some products is seasonal?
Answer
A
The Vega family is planning to open an ice cream shop. They know that ice cream will be most popular during the warmer months of the year. To increase demand during the colder months, they plan to sell hot chocolate, specialty coffee drinks, and pastries.
B
A car company is planning to market a small number of very expensive cars. The cars will look like luxury cars from the past, but they will have the latest modern technology. The company realizes that the cars will appeal to only a limited number of consumers.
C
A store has a large supply of sneakers that were popular last year. Since then, the celebrity athlete who endorsed the sneakers has been dropped from his team and has not been picked up by another team. Demand for the sneakers has dropped dramatically.
D
A handheld slide projector was once a very popular toy. A child clicked the side switch to view each picture. Today, children can view many more images on phones. Although the slide projector toy is still available, its popularity has declined.