Which of the following is the typical range of the reduction for ...

[Lisaclaire]

Which of the following is the typical range of the reduction for a price-off promotion?
 a. 2-5
  b. 5-10
  c. 9-15
  d. 10-25
  e. 15-30

Question 2

Which of the following is consistent with the advertising = information approach to advertising's role in the economy?
 a. Consumers perceive fewer substitutes for advertised brands.
  b. Advertising affects consumer preferences and tastes.
  c. Advertising changes product attributes.
  d. Firms are insulated from potential rivals.
  e. Advertising makes entry possible for new brands by communicating product attributes to consumers.

[parker125]

Answer to Question 1

d

Answer to Question 2

e

[Lisaclaire]

Thanks for the timely response, appreciate it

[amit]

Great answer, keep it coming