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The video tutorial discusses the concept of products selling out, highlighting the factors that contribute to high demand and the implications for businesses and consumers.

What does the term 'selling out' generally refer to?

• A product being returned by customers

• A product being completely sold

• A product being sold at a discount

• A product being available in abundance

Which of the following is a common reason for products selling out quickly?

• Poor product quality

• High demand and limited supply

• Lack of interest from consumers

• Excessive advertising

How does selling out affect consumers?

• It increases their purchasing options

• It reduces the product's popularity

• It makes the product cheaper

• It leads to disappointment due to unavailability

What is one potential impact of selling out on businesses?

• Increased customer satisfaction

• Loss of revenue

• Enhanced brand reputation

• Decreased brand value

Which strategy might businesses use to prevent selling out too quickly?

• Increase production to meet demand

• Lower product prices

• Reduce marketing efforts

• Limit product availability