Which best describes how advertising influences consumer choice in an oligopoly? Advertising coaxes people to buy new products.

Social Studies

2 answers:

Nimfa-mama [501]3 years ago

8 0

The answer is "C", undermines competition.

In a oligopoly, only few brands dominate the market, making it possible for those brands to have a higher price on their products. An oligopoly also means that all companies have a somewhat similar product to the others, only varying in certain characteristics. That means advertising is mostly important to guarantee consumer loyalty.

To do that, brands try to estabilish superiority by comparing their products to other brands to convince the buyers that theirs is better than the rival's.

iVinArrow [24]3 years ago

4 0

The correct answer is D) Advertising informs brand knowledge.

The option that best describes how advertising influences consumer choice in an oligopoly is "Advertising informs brand knowledge."

Under the free market system, there are many companies and products that compete with each other to gain the consumer's preference. That is why companies design complex marketing campaigns that include public relations and advertising. But in oligopolyes, just a few companies dominate the market. In the case of advertising, companies invest large sums of money to create the kind of commercials that attract audiences with the idea that consumers remember the name or the logo of the product and the benefits it produces. What companies want is to convince consumers of the benefits of their brand.

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How do Ehrenreichâs accounts in Nickel and Dimed help us identify the single most important key to understanding poverty in the

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Answer: The correct answer is: Barbara Ehrenreich wants to show upper and middle class people who read her book the difficulty that exists for people who work for low wages. Society believes that a job is a way out of poverty but for Barbara in her experiment, it was not so, she says that the poor are poor because the system is against them. All the jobs she experienced were physically demanding and some very harmful for her long-term health. She states that each job has its own hierarchy and standards, and there are very few rewards for excellent performance. In Key West, she realized that he had bought a used bicycle to move instead of her car, she would have the need to have two jobs and could not keep them since they were both physically demanding. In Portland it was better economically but she had to work 7 days a week and it was very difficult to maintain this regime. In Minneapolis, in order to support herself, she must have worked 11 hours a day. She concluded that rents are too high and wages too low. But in turn the poor are necessary for the welfare of the rich. She states that the poverty rate has remained low in recent years as it is calculated based on the price of food, while the price of rent has skyrocketed.

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3 years ago

President Jefferson responded to the impressment of American sailors by

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the embargo act

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3 years ago

What legal limitations are imposed on parties to assignments and delegations? choose 3 answers.

zvonat [6]

Three legal limitations imposed on parties to assignments and delegations, can be

Noncompete provision
Mandatory arbitration clauses
Acceleration provision

Contract components, or the contract's provisions, are crucial. They may, among other things, prevent you from filing a lawsuit, they may prevent you from being recruited in your field (at least within certain parameters), or they may restrict a person who contributed to your injury's cause from being held liable. If you act in a manner that is contradictory to the limitations imposed by those terms, you risk receiving an unpleasant surprise if you are unaware of these components. Similarly, unless those features are expressly waived, contracts include certain characteristics that forbid parties from acting in a particular manner. The common characteristics and elements of contracts are described in this section.

You should not agree to a condition in a contract that you are negotiating if you do not like it. Every term of any contract to which you are a party is presumed to have been read, understood, and agreed to by you. A valid defence against performance is that you did not comprehend or approve of a certain clause in the contract. When you sign a contract, you should be aware of what to anticipate. Are you actually getting the band you meant to engage to perform at your nightclub, or are you just getting whichever band the original band happens to delegate those tasks to?

A noncompete provision is one typical contract component that you could have come across. A noncompete provision aims to limit competition for a predetermined amount of time, within a predetermined area, and for predetermined activities. In general, provided the time, location, and scope are appropriate, non-complete terms are enforceable against the party that signed them. These provisions are frequently included in employment contracts, especially where the job responsibilities could expose the employee to trade secrets or other confidential information that the employer would like to keep private.

Contracts for the sale of goods and for the hiring of people frequently contain mandatory arbitration clauses. If you have signed a contract for a credit card, you have undoubtedly submitted yourself to the limitations set forth in these clauses. Parties to a contract that has an obligatory arbitration clause are required to submit to mandatory arbitration in the event that a dispute arises from the contract. Arbitration award appeals in court are frequently prohibited under mandatory arbitration provisions.

Contracts with periodic payments that are foreseen under the agreement are frequently accompanied by an acceleration provision. For instance, you probably pay rent on a month-to-month basis if you signed a lease for your dwelling unit. If you broke your lease, you would still be required to pay rent for each consecutive month that was planned under the terms of the contract. This implies that every month you failed to pay your rent, your landlord would suffer fresh damage. All payments due under the contract that are subject to acceleration upon violation.

Instead of having to file a new lawsuit each month to pursue unpaid rent, this enables the injured party—in this case, the landlord—to sue for all damages owed for unpaid rent under that contract at once.

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1 year ago

Which is true of education for colonial African Americans?

Sphinxa [80]

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4 years ago

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