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inna [77]
3 years ago
11

Because advertising is often designed to add ________ value to a product or brand, it plays a more important communications role

in marketing consumer products than it does for marketing industrial products. social cultural monetary emotional psychological
Business
1 answer:
wlad13 [49]3 years ago
8 0

Answer:

The correct answer is Psychological.

Explanation:

Advertising is not only limited to advertisements in magazines, newspapers, radio, television or the Internet. In fact, it is practically in everything around us. The way to place the products in the department stores, the color and size of the potato chip packages, the price of the clothes, the subtlety of the words on the radio ... Everything that makes a product attractive and steals our attention serves as a powerful means to advertise it.

Therefore, all of us, when we buy or consume, seek to distinguish ourselves from others. In addition, this desire to stand out, to be different and unique, is what advertising psychology acts on. And when these individual differences are established, other concepts such as motivation arise in parallel.

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Suppose disposable income increases by $2,000. As a result, consumption increases by $1,500. Answer the following questions base
Vinvika [58]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Suppose disposable income increases by $2,000. As a result, consumption increases by $1,500. Answer the following questions based on this information.

The increase in savings resulting directly from this change in income is $500 (2,000 - 1,500)

Marginal propensity to save (MPS)= change in savings/ change in income

MPS= 500/2000= 0.25= 25%

3 0
4 years ago
You are the manager of a supermarket, and you know that the income elasticity of peanut butter is exactly -0.7. Due to the econo
padilas [110]

Answer:

The purchase should stay the same or even increase its number.

Explanation:

To begin with, due to the fact that the income elasticity of peanut butter is exactly -0,7 then that good is inferior and because of that when the income drops by 15 percent next year then the consumer will still be buying the product but in a more frequent  way due to the fact that if the income decreases then the demand of that product that tend to be inferior will be available for everyone. That is why, as a manager you should continue to buy peanut butter.

6 0
3 years ago
How do firms use​ marketing? A firm might use marketing to A. identify the​ long-run equilibrium price where firms break even. B
Molodets [167]

Firms use marketing to eliminate things that keep new firms from entering an industry(D).

Explanation:

Marketing plays an important role in understanding the business.

  • Firstly it determines the necessity of the market.
  • Develops the market using new technique or expand the same market.
  • Tries to understand the needs of the customer and works on the products based on their interest.
  • Market should be dynamic that is the market should follow the trend and adopt various strategies to work properly.

Hence, theses are the roles of marketing. A proper marketing can increase sale as well as the good will of the firm.

5 0
3 years ago
Which describes the buying formula theory of selling? A. Buying decisions depend on four elements: drive, cues, response, and re
Amanda [17]

B. The prevailing circumstances act as stimuli to the buyer's responses

Explanation:

Circumstances the buyer finds himself can determine a buyer's response.

For example if the buyer finds that he needs the  product or service for him/her to have comfort or even to continue living it will stimulate him/her to make the purchase.

#learnwithbrainly

6 0
4 years ago
Read 2 more answers
The Open Grill incurred the following costs in acquiring a new piece of land:Cost of the land $ 80,000. Commissions 4,800.Liabil
rodikova [14]

Answer:

B

Explanation:

we are to calculate the total land cost recorded in this question;

To get the cost recorded we do the following;

Cost of land recorded = cost of land + commissions + cost of removing existing building - sale of salvaged materials on land

cost of land recorded= 80,000+ 4,800 + 20,000 - 4,000 = $100,800

8 0
4 years ago
Read 2 more answers
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