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brilliants [131]
3 years ago
9

Hallmark runs a commercial saying that people who receive greeting cards appreciate the cards more when they see the Hallmark na

me on the back. This is an example of
a. primary demand stimulation.
b. direct response advertising.
c. attempting to add symbolic value to a product.
d. integrated marketing communications.
Business
1 answer:
postnew [5]3 years ago
7 0

Answer:

c. attempting to add symbolic value to a product.

Explanation:

Any product's symbolic value adds the meaning to its usage and reliability. It provides with a meaning apart from its material value. It makes the consumer go for it as it gives reliability of the product. The symbolic value gives a reference to the immaterial nature of the object. In the above case, Hallmark's product attains much value as the print of his name adds value to the product.

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An exchange economy has two consumers, named Jimmy and Sue, and two commodities, apples and bananas. Jimmy’s initial endowment i
Aleks04 [339]

Answer:

(a) BJ = AJ

In equilibrium, apples and bananas have the same price.

Jimmy’s consumption bundle must be 3 apples and 3 bananas

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Explanation:

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8 0
3 years ago
If the Central Bank of Macroland puts an additional 1,000 dollars of currency into the economy, the public deposits all currency
yan [13]

Answer:

the banks will eventually make new loans totaling 9,000 and the money supply will increase by 10,000

Explanation:

The money multiplier is 1/0.10= 10. If 1,000 new dollars of currency are deposited in the banks, they must hold $100 as required reserves and can lend out $900. Through the money multiplier, loans will increase by $900*10= $9000. The expansion of the money supply is the original deposit + the increase in loans or $1,000+ $9,000= $10,000

5 0
3 years ago
Suppose a technological improvement has lowered the cost of manufacturing cell phone batteries. This would lead to ___________ (
Julli [10]

Answer:

The correct answer is: an increase; fall; substitutes; decrease; complements; increase.

Explanation:

Technological improvement has lowered the cost of producing cell phone batteries. This reduction in the cost of production will cause the price of cell phone batteries to decline. Since batteries are used as inputs in the cell phone. The reduction in the price of inputs means that the cost of production would decrease. The firms will be able to supply more at the same cost. The supply, as a result, will increase. The supply curve will shift to the right. The price of cell phones will decline.

Cell phones and landlines are substitutes. They can be used in place of each other. A decrease in the price of cell phones would cause the demand for landlines to decrease as the consumers will prefer a cheaper substitute.

The cell phones and applications, however, are use complements. They are used together. So when the price of cell phones decrease and its demand increase, the demand for cell phone applications will increase as well.

6 0
3 years ago
When choosing a savings account to open, you should look for:
Damm [24]

Answer: A higher interest rate.

Explanation: Most savings accounts do not have a high interest rate at the moment.

6 0
3 years ago
You survey 125 employees and determine that 25 are extremely unhappy. As you walk the floor, you run into a random employee, wha
Alex17521 [72]

Answer:

0.2 or 20%

Explanation:

The odds of meeting an unhappy person will be the no. of unhappy people divided by the sample size.

=25/125

=1/5

The odds are 1 in every five people is extremely unhappy.

1/5 = 0.2 or 20%

4 0
3 years ago
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