<span>If a consumer was asked to rank different combinations of goods and services terms of how much utility they provide, then a bundle with a total of 112 cds and dvds would rank higher than a bundle with a total of 10 cds and dvds, if based on total of goods only. This does not take into account the contents of the media.</span>
Answer:
Statement is false.
Explanation:
Equilibrium price only exists when the economic forces are balanced. It means when the supply and demand of any commodity is equalized, the price at that stage is called equilibrium and market price.
This is why, the above statement is false because when supply is greater than the demand, price cannot be on equilibrium.
Answer:
true
Explanation:
marketing professionals and managers share the same long term for the company
