Author Question: A highly technical product is more likely to be sold by mass advertising as it signals to the ... (Read 82 times)

audie · **on:** Jun 30, 2018

A highly technical product is more likely to be sold by mass advertising as it signals to the consumers that the product is of dependable quality.
Indicate whether the statement is true or false

Question 2

Assume MUX = 30 utils, MUY = 15 utils, PX = 2, and PY = 0.50 . This consumer:
a. should buy less of X and less of Y.
b. is in equilibrium.
c. should buy more of X and less of Y.
d. should buy less of X and more of Y.
e. should buy more of X and more of Y.