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Radda [10]
3 years ago
7

Why are brand names and advertising important features of monopolistic​ competition? A. Both of these techniques are needed to c

ompute marginal cost. B. Both of these techniques can be used to increase the demand for the product. C. Both of these techniques can be used to increase the supply of the product. D. Both of these techniques will increase the price of the product and reduce the average cost of production.
Business
1 answer:
GenaCL600 [577]3 years ago
7 0

Answer:

B. Both of these techniques can be used to increase the demand for the product.

Explanation:

A catchy brand name and adequate marketing of a product plays a vital role in the relative demand of that product. Coca cola for example has properly advertised its products for decades now and when one thinks of beverage, you think Coke. It's been embedded in ones mind and that is the advantage of proper advertising and proper brand naming.

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Answer:

<em>C. defensive strategy </em>

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<em><u>Defensive strategy</u></em><em> </em><em> is been represented by the effort of Sal's reduction</em>.

Basically in defensive strategy, the consumers and the customers are been hold-back by the companies and organisations. In this when competition increases the companies try to pull back their old customers from their competitors company.

In the scenario which is been represented in the question the Sal's company indulge's in the action that is known as defensive strategy.

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4 years ago
Suppose a basket of goods and services has been selected to calculate the CPI and 2012 has been selected as the base year. In 20
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Answer:

b. $102

Explanation:

Data provided as per the question below:-

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