This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is true about advertising by a firm? a. It is not always successful in ... (Read 46 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
on: Jun 30, 2018
Which of the following is true about advertising by a firm?
 a. It is not always successful in increasing demand for a firm's product.
  b. It attempts to increase demand and to make demand more inelastic.
  c. It may reduce per unit costs of production when economies of scale are experienced.
  d. All of these.

Question 2

The sum of the explicit and implicit costs incurred in the production process is called:
 a. fixed cost.
  b. sunk cost.
  c. marginal cost.
  d. total cost.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ergserg

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


chandani

  • Member
  • Posts: 541
Reply 2 on: Jun 30, 2018
Excellent

Jsherida

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Effects of Therapy for Stuttering A functional MRI scan shows regions of the superior temporal lobe Effects of Therapy for Stuttering A functional MRI scan shows regions of the superior temporal lobe
A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact, A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact,
Greet a First-Time Client With a Firm Handshake. Greet a First-Time Client With a Firm Handshake.
Basic two-handed kneading. Tissues are lifted with the whole hand in firm contact. Basic two-handed kneading. Tissues are lifted with the whole hand in firm contact.
A Successful Physical Fitness Program Uses FITT Principles A Successful Physical Fitness Program Uses FITT Principles
Midsagittal section indicating locations of true and false pelves Midsagittal section indicating locations of true and false pelves
Video: Attention Deficit Disorder (ADD)

For a complete list of videos, visit our video library