Chill, a beverage manufacturer, offers varied versions of its products that include diet, cherry, vanilla and caffeine-free versions in addition to its original product. with respect to market coverage alternatives, the given scenario reflects the company's decision to cater to

A differentiated market

Explanation:

Whenever a business produces initiatives that cater to at least two product categories or targeted groups, a differentiated marketing strategy is applied.

For instance, a retailer may encourage a purchase in at least two towns or locations that caters to people, or even a business can market a brand which appeals to women in at least two age categories.

answer; importance to people; or acceptance;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.