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Nat2105 [25]
3 years ago
14

In an attempt to alter consumers' cognitive component of their attitude toward the Pepsi brand of cola, a freshness date was add

ed on the cans. Pepsi wanted consumers to consider this attribute that was never a consideration before. Pepsi was using which strategy to alter the cognitive structure of a consumer's attitude?
Business
1 answer:
jenyasd209 [6]3 years ago
3 0

Answer: ADD BELIEF STRATEGY

Explanation:In the given case Pepsi used the add beliefs strategy to change the mindset of the customers in the market. The add belief strategy in marketing is focused on increasing the confidence of the customer in the product.

By adding the freshness date on the cans, Pepsi was sending a message that they care for the health of the customers, thus, winning their confidence.

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Is there any way for a monopoly to operate more efficiently than a competitive market? why or how?.
irga5000 [103]

The equilibrium point in a competitive market exists at the point of optimal market efficiency.

<h3>What is competitive market?</h3>

A competitive market exists a term in economics that guides to a marketplace where there exist a large number of buyers and sellers and no single buyer or seller can influence the market. Competitive markets have no obstacles to entry, lots of buyers and sellers, and homogeneous products.

In economics, especially general equilibrium theory,  A perfect market also understood as an atomistic market, is determined  by several idealizing requirements, collectively anointed perfect competition or atomistic competition.

No, the monopoly can never be additional efficient than the perfectly competitive market because the competitive market exists at the point of optimal market efficiency and the monopoly will deliver at the point where the MR and the MC stand equal. here the market has the excess capability and a dead weight loss.

To learn more about competitive market refer to:

brainly.com/question/8753703

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7 0
2 years ago
What kinda of block can result from poor language skills
lesantik [10]

Answer:

Lack of communication can cause minunderstanding and confusion with both parties

Explanation:

5 0
3 years ago
A firm will exit a competitive market when A. costs force the marginal cost curve to shift to the left. B. the longrun profit wo
kakasveta [241]

Answer:

B. the longrun profit would be negative.

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

A firm would shut down in the short run if price is less than average variable cost and exit if it  is making a loss

4 0
3 years ago
The results for conventional and activity-based costing (ABC) computations will be the same as long as: a.the levels of activity
aniked [119]

Answer:

d.the levels of activity for non-unit based cost drivers remain the same.

Explanation:

In the case of conventional and activity based costing calculations,  the output should be similar to the activity levels that belong to the non-unit in which the cost driver should remain the same

Thus as per the given scenario, the option d is correct

And, the rest of the options seems incorrect

4 0
3 years ago
Specific identification is ______. Multiple choice question. a high-tech security technique for identifying key employees a deta
ELEN [110]

Specific Identification is the accounting record of the transactions of the proposal, that is, an inventory method that tracks which item is actually sold and debits.

<h3>What is specific identification?</h3>

It is an accounting record between income and expenses, used to keep track of identifiable and cost-specific inventory items.

This method gives managers or members of an entity a greater possibility of manipulating profits by identifying units in ending inventory as coming from specific purchases.

Therefore, we can conclude that the specific identification method is to track the cost of each item or category of products in the inventory.

Learn more about specific identification here: brainly.com/question/25056275

6 0
2 years ago
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