True Hope This Has Helped
<span>Which markets compete in non-price competition? The companies and brands that compete in non-price competition are brands that are known, name brands with those that are generic. Even though generic brands are known for being cheaper, most brand-name goods sell more products because of their name. </span>
Answer: Personal source
Explanation: Personal source of information refers to those sources of information with witch the seeker of information have some relation or right at a personal level.
In the given case, Dora gained information about the best sunscreen from her friend. Thus, she has some relation with the source of information.
Hence from the above we can conclude that the correct option is C .
Answer: Starbucks Coffee is a 'normal good', while Beanlightened coffee is an 'inferior good'.
Andrew's demand for Starbucks coffee changed as a result of an increase in his 'income'
Explanation:
A normal good is a good that sees it's demand rise as income or wages rise. Essentially if you're making more money, you buy more of such goods. Andrew is now making more money so he buys more of Starbucks coffee.
An inferior good on the other hand is one that sees it's demand drop as wages or income rises. You usually buy less of it the more money you make. Take no brand cornflakes for instance, as one makes more money they tend to buy less of it and more of branded cornflakes. Beanlightened coffee is therefore an inferior good.
Income is compensation you get for providing a service. In this instance Andrew receives $75000 a year for being a programmer.