Getchecked Inc. is a leading medical devices manufacturer. A cosmetic​ surgeon, Dr. Matt Breen is discussing the prices of​ Getchecked's medical devices with his​ colleague, Dr. Ed Walter. Matt​ says, Getchecked probably finds it difficult to make profits. The medical device market is highly​ crowded." Ed​ replies, Well, they do have quite a few patented products so the profits must be flowing​ in." Meanwhile James​ Radford, a medical​ technician, agrees that Getchecked must be doing well. Given that​ Getchecked's products are widely used in the​ market, even an increase in prices would not affect sales or profits according to James.
Which of the​ following, if​ true, would weaken​ Matt's argument that​ Getchecked's profits are most likely negligible due to​ competition?
A.Lifestyle-related diseases like diabetes and hypertension are on the rise in this country.
B.Getchecked recently hiked the​ per-unit commission paid to its salesmen.
C.Product differentiation in terms of quality is common in this market because the buyers are very​ quality-conscious.
D.Some firms in the market have started manufacturing medical devices that can be directly used by the final consumer.
E.Doctors choose the brand of medical devices that should be used in the hospital.

Respuesta :

Answer:

A) Lifestyle-related diseases like diabetes and hypertension are on the rise in this country.

Explanation:

A rise in lifestyle-related, chronic diseases like diabetes and hypertension would continue to increase the amount of potential customers for Getchecked Inc, even if the market competition is high. Supply of medical devices is considerable, but demand is also likely to rise. The market share for Getchecked Inc is in the making.

Answer:

  • The Correct answer is option (C)
  • Product differentiation in terms of quality is common in this market because the buyers are very​ quality-conscious.

Explanation:

  • On the off chance that the items are separated based on quality, the market structure is certifiably not an ideal rivalry with no extension for benefits except for it is a monopolistic contest where benefits can be made.
  • It is conceivable that individuals favor Getchecked's items because of their quality and expanded contests as such won't influence their deals or benefits a lot.
  • Any remaining choices are incorrect as they don't clarify why the benefits of Getchecked can be procured amid rivalry.

Product differentiation

  • Product differentiation is an advertising procedure intended to recognize an organization's items or administrations from the opposition.
  • Effective item separation includes distinguishing and imparting the exceptional characteristics of an item or organization while featuring the unmistakable contrasts between that item or organization and its rivals          

Learn more about product differentiation, refer:

  • https://brainly.com/question/2920117