Question

Recognizing that CD players are a thing of the past, those who manufactured CD players have not attempted to make any changes but are letting them live out the remainder of their lives. The makers of CD players have new technology to explore and do not want to waste resources trying to prolong the life of an obsolete technology. This is an example of _______.
a. a phase-out
b. an immediate drop
c. a run-off
d. product fading
e. harvesting

Answer 1

Answer:

a. a phase-out

Explanation:

Based on the information provided within the question in regards to the situation it seems that this is an example of a phase-out. This term refers to when a company abandons a plan or product little by little until it dies out. Which is what the company's in this situation are doing with the CD players since they realize that the technology is obsolete, no one will buy more, and making new ones or adding changes is a waste of time, money and resources.

Answer 2

Answer:

a. a phase-out

Explanation:

why a phase out? Because a phase out is the gradual reduction of a tax credit for which the taxpayer is eligible while their income approaches the limit to qualify for that credit.  That is why a phase out is more similar to the case presented to us.