In a rising income scenario, the obvious decision choices of firms having very low-income elasticity for their products would be
A. Search for new markets
B. Product innovation
C. Discontinuation of product line
D. Product line extension
E. Exporting
Choose the most appropriate answer from the options given below:
1
A, B and C only
2
C, D and E only
3
B and D only
4
B and E only