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Author Question: When demand for goods and services is stimulated by advertising, the economic system of the country ... (Read 89 times)

jCorn1234

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  • Posts: 545
on: Jun 28, 2018
When demand for goods and services is stimulated by advertising, the economic system of the country benefits by
 a. increased brand loyalty.
  b. an increase in the gross domestic product.
  c. increased inelasticity of demand.
  d. reducing the amount of money needed to compete within a product category.

Question 2

Lowering the cost of each item produced because of high-volume production brought on by demand stimulation is
 a. brand loyalty. c. economies of scale.
  b. inelasticity of demand. d. economies of sales.


yasmin

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  • Posts: 319
Reply #1 on: Jun 28, 2018
Answer to Question 1

B

Answer to Question 2

C


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