Which of the following accurately explains why brands such as Kleenex® and Band-Aids® have incredibly strong brand equity?
Because the brand has been in existence so long
Because the products the brand sells are expensive
Because the brand has been able to expand to produce a variety of products
Because when people think of the product, they automatically think of the brand
Answers: 1
Business, 22.06.2019 10:50
Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.
Answers: 3
Business, 22.06.2019 11:50
The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.
Answers: 3
Business, 22.06.2019 16:00
In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.
Answers: 1
Which of the following accurately explains why brands such as Kleenex® and Band-Aids® have incredibl...
Biology, 21.02.2020 17:45
Mathematics, 21.02.2020 17:46
Mathematics, 21.02.2020 17:46
Mathematics, 21.02.2020 17:46
Mathematics, 21.02.2020 17:46