Many of the economic regulations put in place by the U. S. government are intended to do which two things? (Select two answers.) Many of the economic regulations put in place by the U. S. government are intended to do which two things? (Select two answers.)

Reduce competitionPromote competitionPrevent consumers from supporting small businessesCreate monopoliesPrevent companies from taking unfair advantage of consumersHelp large companies get more powerful

Total marketing effort is a term used to describe the critical decision factors that affect demand: price, advertising, distribution, and product quality. define the variable x to represent total marketing effort. a typical model that is used to predict demand as a function of total marketing effort is based on the power function: d = axb suppose that a is a positive number. different model forms result from varying the constant b. sketch the graphs of this model for b = 0, b = 1, 0< b< 1, b< 0, and b> 1. (we encourage you to use excel to do this.) what does each model tell you about the relationship between demand and marketing effort? what assumptions are implied? are they reasonable? how would you go about selecting the appropriate model?