Change of tastes and preferences in Advertising

Can someone please help me in finding out the accurate answer from the following question. Most of the mass advertising is intended to influence market demand primarily by: (1) Providing full detailed information regarding products. (2) Decreasing production costs and lowering the prices. (3) Altering most of the individual’s tastes. (4) Stimulating supply to raise the output.

View Complete Question

Related Questions in Microeconomics

Q : Changing in marginal cost without price

When this firm's marginal cost curve moved upward from MC2 to MC3, the firm would: (w) reduce output from Q3 to Q2 and increase price from P3 to P4. (x) reduce output by Q2 t

Q : Critics of current welfare programs

Critics of current welfare programs who desire the welfare system scaled down tend to argue which welfare reform should give: (1) whatever this takes to lift all people out of poverty. (2) poor people with incentives to work. (3) nothing; there should

Q : Equilibrium in the long run This would

This would be a fallacy to suppose that: (w) a purely competitive firm’s demand curve is perfectly elastic. (x) a purely competitive firm’s supply curve is the marginal cost above the minimum point of the AVC. (y) purely competitive firms generate where MR

Q : Arsing short-run shut-down point in firm

The Christmas tree farm’s short-run shut-down point arises at a price of: (i) P1. (ii) P2. (iii) P3. (iv) P4. (v) Not computable from these figures.

Q : Variation in demand curve with price

The demand curve along with price elasticity which definitely varies along the curve is within: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D.

Q : Income elasticity of inferior goods

Negative income elasticities of demand entail those goods are: (1) luxuries. (2) necessities. (3) inferior. (4) substitutes. (5) expensive. Can anybody suggest me the proper explanation for given problem regarding

Q : Supply of curve in the short run I have

I have a problem in economics on Supply of curve in the short run. Please help me in the following question. The supply curve of milk would shift in the short-run in response to the modification in: (i) Price of the milk. (ii) Demand for the milk. (iii) Numbers and si

Q : Oligopolistic pricing behavior

Collusive oligopolistic pricing behavior: (1) leads to natural monopoly when only some firms dominate an industry. (2) entails overt agreement among many firms in setting outputs and prices. (3) arises while contestable firms simultaneously raise or l

Q : Equilibrium market price and quantity

Equilibrium market price and quantity would definitely both falls when demand declines and supply will: (w) decreases. (x) increases. (y) is constant. (z) pulsates rhythmically. I need a good answer on the topic of

Q : Determine total fixed cost This

This profit-maximizing pure competitor’s fixed cost (TFC) can be calculated as area of: (1) 0Phq2. (2) 0bgq2. (3) Pbgh. (4) 0aeq1. (5) daef.

Discover Q & A

Leading Solution Library

Avail More Than 1442888 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1925757
Asked

3,689

Active Tutors

1442888

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment