When best buy and sears engage in a price war on maytag appliances, <u>Horizontal</u> channel conflict can occur.
<h3>What is Horizontal channel conflict?</h3>
Horizontal channel conflict can be defined as the type of conflict that arise when their is a conflict or a disagreement among members that are a similar level of a distribution or marketing channel.
Example when two retailers compete against each other or when two producers compete against each other.
Therefore When best buy and sears engage in a price war on maytag appliances, <u>Horizontal</u> channel conflict can occur.
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A.
Consumer surplus is the benefit consumers enjoy from consuming a product, and is measured by the difference between what they would normally pay (expecting to pay) and what they actually pay. Thusly, the 2 dollar difference is your consumer surplus.
Answer:
C) It is an extremely cost efficient way to reach a large number of people.
Explanation:
Advertising refers to a marketing strategy in which the company able to promote its goods and services in a various ways like in television, social media, print media, etc so that it could create awareness among the people
According to the given options, the option C is correct as it derives the actual meaning and motive of advertising that it is cost efficient plus it also reaches to a large number of people.
hence, the correct option is c.
Well it raises the price of goods such as a juice bottle costing 3.00 dollars and adding a 4% increase to that price. also another aim is better jobs for people, making sure that everyone can find a job