« previous next »

Author Question: Advertising by monopolistically competitive firms can do all of the following EXCEPT A) lower the ... (Read 70 times)

soccerdreamer_17

  • Hero Member
  • *****
  • Posts: 552
on: Jun 29, 2018
Advertising by monopolistically competitive firms can do all of the following EXCEPT
 
  A) lower the consumer's purchase price.
  B) help differentiate a firm's product.
  C) act as a signal to consumers that the company is serious about staying in business.
  D) result in increased profits for the advertising firm.

Question 2

If a price ceiling were established above the equilibrium price,
 
  A) it would have no effect on the quantity demanded.
  B) it would create a shortage.
  C) it would create a surplus.
  D) none of the above.


fromAlphatoOmega22

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

lower surface of Arabidopsis thaliana leaf, showing a trichome lower surface of Arabidopsis thaliana leaf, showing a trichome
Competitive inhibition Competitive inhibition
Number of lower molar cusps is one of the features used to distinguish sundadonts from sinodonts. Number of lower molar cusps is one of the features used to distinguish sundadonts from sinodonts.
Transition from the lower to the upper limbs with compression over the drape. Apply compression with ... Transition from the lower to the upper limbs with compression over the drape. Apply compression with ...
Broadening effleurage to lower leg. Place heels of the hands together over tibia (no pressure over ... Broadening effleurage to lower leg. Place heels of the hands together over tibia (no pressure over ...
Inspecting the conjunctiva of the lower lid Inspecting the conjunctiva of the lower lid
Video: Dissociative Disorders (Part 3)

For a complete list of videos, visit our video library