Answer:C. Brand experience
Explanation:Brand experience is a type of experiential marketing that incorporates a holistic set of conditions created by a company to influence the feeling a customer has about a particular product or company name.
Answer:
B. A form
Explanation:
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If the product price is $85, (D) 5 units of output must the firm produce in order to maximize profits.
<h3>
What is Profit maximization?</h3>
- Profit maximization is the short-run or long-run process through which a corporation determines the pricing, input, and output levels that result in the greatest profit.
- The firm is typically modeled as maximizing profit in neoclassical economics, which is currently the mainstream approach to microeconomics.
- Find cheaper raw materials than those currently in use as an example of profit maximization.
- Find a supplier who provides better prices on inventory purchases.
- Look for goods sources with reduced delivery costs.
- Reduce your labor costs.
So, in the given situation increase output to 5 units because this is the output at which price equals marginal cost.
Therefore, if the product price is $85, (D) 5 units of output must the firm produce in order to maximize profits.
Know more about Profit maximization here:
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The complete question is given below:
If the product price is $85, how many units of output must the firm produce in order to maximize profits?
A) 0
B) 3
C) 4
D) 5