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Author Question: A trademark signifies A) that the owner has exclusive use of a brand and others are prohibited from ... (Read 59 times)

chads108

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on: Jun 29, 2018
A trademark signifies
 A) that the owner has exclusive use of a brand and others are prohibited from using it.
  B) that a product was manufactured by a particular company.
  C) the full and legal name of an organization.
  D) the level of quality of a product based on its legally protected rights.
  E) the inventive use of a brand name or brand mark to identify a company's products.

Question 2

If Carnival Cruise Lines increased the price of its seven-day cruise package by 10 and, as a result, experienced a 20 decline in customer bookings, Carnival's demand would be
 A) steady.
  B) inelastic.
  C) elastic.
  D) prestige.
  E) marginal.


mfedorka

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


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