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Author Question: The number of brands of identical products will most likely increase as A) the number of informed ... (Read 102 times)

Charlie

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The number of brands of identical products will most likely increase as
 
  A) the number of informed consumers increases.
  B) the cost of producing many brands decreases.
  C) the number of uninformed consumers decreases.
  D) None of the above.

Question 2

If all consumers are uninformed about the quality of a product
 
  A) firms can increase product by selling the same product under a different name at a different price.
  B) firms will not be able to price discriminate.
  C) firms will price discriminate.
  D) firms will increase profits by charging different prices for the same product.


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shayla

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Charlie

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


meow1234

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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