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Rainbow [258]
3 years ago
13

When advertising increases brand loyalty for your company's brand, then the company's demand curve becomes:

Business
1 answer:
Umnica [9.8K]3 years ago
6 0

Advertising often uses different ways to improve brand loyalty. The company's demand curve becomes more inelastic.

  • Brand  Loyalty is very important and beneficial to businesses because it can result to constant purchases by consumers, higher revenues, and customer referrals.

It is regarded as a positive association that consumers cling to a specific product or brand. Customers who show brand loyalty are always buying a product or service.

Learn more from

brainly.com/question/24129613

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DedPeter [7]

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3 0
2 years ago
Joana volunteers to deliver a last-minute presentation on behalf of her team. Which quality is Joana demonstrating?
STatiana [176]
Probably she's very confident and has good team work skills.
8 0
4 years ago
Read 2 more answers
Ron has a life insurance policy with a face value of $100,000 and a cost of living rider. If the consumer price index has gone u
barxatty [35]

Answer:

4,000

Explanation:

Ron has a life insurance policy with a face value of 100,000

The consumer price index has gone up by 4%

Therefore the increase in the policy face value can be calculated as follows

= 100,000 × 4/100

= 100,000 × 0.04

= 4,000

4 0
3 years ago
An increase in the price of oil will a. shift the supply curve of oil to the left. b. shift the supply curve of oil to the right
klasskru [66]

Answer:

The correct answer is option c.

Explanation:

An increase in the price of oil will cause the quantity demanded of a commodity to decline and the quantity supplied to increase. This will cause a surplus in the market.

There will be no change in the demand and supply curve.

This is because of the law of demand and supply.

According to the law of demand, the price of a commodity is inversely related to the quantity demanded of the commodity, while other factors are kept constant.

Similarly, the law of supply states that the price of a commodity is positively related to the quantity demanded of a commodity.

The demand and supply curves are not affected by the changes in price, they change as a result of changes in other factors.

3 0
4 years ago
Why is the location of a business important to the success of that business?
Anna007 [38]

Choosing a location for a new business is one of the most important decisions entrepreneurs make during the planning phase of launching ventures. The location of a business can affect many aspects of how it operates, such as total sales and how costly it is to run.


5 0
3 years ago
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