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MA_775_DIABLO [31]
3 years ago
10

Many store brands use packaging and labeling that is similar to the more expensive national brand. The hope is that the look-ali

ke package will elicit a similar response in consumers that encourages them to purchase the cheaper store brand. This is an example of Group of answer choices
Business
1 answer:
olga nikolaevna [1]3 years ago
6 0

Answer:

Stimulus generalization

Explanation:

Stimulus generalization defines that it is the process of call up for a reason by giving responses. For example we call dog by using the bell so that dog can come for food.

Therefore according to the given situation, Many store brands use similar packaging and labeling to the more expensive big company. The idea is that in customers, the look-alike kit would evoke a similar reaction that allows them to buy the affordable store brand so this is an example of Stimulus generalization

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Suppose that McDonalds and Yum Brands are the sole producers of a quadruple-decker chicken and hamburger sandwich. The two firms
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Answer:

Both companies will reduce their prices.

Explanation:

Given that collusion is not possible between McDonald's and Yum, both companies will try to earn more money by reducing their prices and increasing their profits to $70 million. They will do this hoping that the other firm doesn't modify its pricing strategy.

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2 years ago
Assuming there are only two types of outputs in a country: consumer goods and nuclear missiles. All else being constant, as the
kotykmax [81]

Answer:

C. every additional missile will reduce consumer goods production more and more.

Explanation:

As more missiles are being produced, there would be less resources available to produce consumer goods. So, the production of consumer goods would reduce.

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The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.  

As more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.

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3 years ago
Byron runs a business cleaning gutters. lance, who is in a wheelchair, applies for a job working for byron as a cleaner. byron d
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In the given scenario, the person who is likely to win and have the upper hand is Lance. It is because Byron’s action is clearly showing a disability discrimination of which he clearly stated as to why he did not hired him in the first placed because of his disability.

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2 years ago
Functions are often described as cause and effect in economics. In an economics function, if the variable is on the right-hand s
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Answer:

It represents a cause

Explanation:

If it is on the right side of the function it means that it is one of the independent variables that explains the dependent variable (located on the left side of the function). What the function is representing is the influence that the independent variable (the cause of the dependent variable) has on the dependent variable (the effect that the cause or causes are being sought).

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The government of Wrexington, a country which has adopted American GDP accounting conventions, has calculated that the seasonall
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d.$20 billion at an annual rate

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As $5 billion was quarter 1 market value of final goods and services produced,the annual rate will be $5*4=$20 billion annually

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