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Author Question: Advertising: a. cannot influence market demand. b. shifts the average total cost curve upward. c. ... (Read 64 times)

kellyjaisingh

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on: Jun 30, 2018
Advertising:
 a. cannot influence market demand.
 b. shifts the average total cost curve upward.
 c. is used only by perfectly competitive firms.
 d. makes demand more elastic by creating customer loyalty.

Question 2

Investments that are specific to a relationship (i.e. of lower value elsewhere) are considered risky and require:
 a. an enforceable contract.
  b. an efficient spot market.
  c. high rates of return.
  d. verbal commitments.


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dyrone

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

A


kellyjaisingh

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Reply #2 on: Jun 30, 2018
Thank you :)


dyrone

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Reply #3 on: Jun 30, 2018
Happy to help you


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