--%>

Consequence of successful product differentiation

Maggie thinks there are main differences among Crest, Colgate, Aquafresh and Rembrandt toothpastes, and eventually chooses Crest. Therefore her perception is mainly a consequence of: (1) successful product differentiation. (2) monopolistic competition. (3) informative advertising. (4) subliminal marketing. (5) visual manipulation.

How can I solve my Economics problem? Please suggest me the correct answer.

   Related Questions in Microeconomics

  • Q : Produces differentiated goods by

    Monopolistic competitors generate differentiated goods which have numerous potential: (1) substitutes and important barriers to entry protecting them from potential rival producers. (2) close substitutes whose suppliers face no long run barriers to en

  • Q : Constant-cost in short-run

    In a constant-cost, there purely-competitive industry in the short-run: (w) and long-run supply curves are positively sloped. (x) and long-run supply curves are negatively sloped. (y) and long-run supply curves are horizontal. (z) sup

  • Q : The perfect price discrimination

    Suppose a monopolist has zero marginal cost and faces the following demand curve D(p) = 10 - 2p (a) Graph the demand curve, the marginal revenue curve, and the rm's margin

  • Q : Question on central planning "Under

    "Under central planning, some group ought to decide how to obtain the necessary inputs produced in the right amounts and delivered to the right places at the right time. It is a nearly impossible task without markets and profits." This quotation best identifies the:

  • Q : Trends in Income Distribution The year

    The year in that a long-run trend towards greater equality within the U.S. income distribution was reversed, therefore income since then has become less equally distributed, it was roughly: (w) 1945. (x) 1960. (y) 1975. (z) 1990.

    Q : Maximizes profit in production of

    When Robomatic Corporation maximizes profit in its production of RoboMaids, its monthly total revenue will be roughly: (i) $100 million. (ii) $140 million. (iii) $160 million. (iv) $200 million. (v) $240 million.

    Q : Natural barriers to entry in network

    Assume that an equipment or software firm has copyrights and patents which restrict other firms from producing goods embodying its technology, and which the firm is shielded from competition since customers can deal along with each other at lower costs when they utili

  • Q : Problem on Exploitation Exploitation

    Exploitation takes place when firms pay resource owners less than their: (i) Maximum resource cost. (ii) Values of marginal product. (iii) Rates of the economic profit. (iv) Marginal revenue products. Find out the

  • Q : Monopsony Power- Labors demand When

    When wage discrimination is not probable for the first 40 workers this profit-maximizing organization hires, however it can wage discriminate perfectly whenever hiring all the subsequent workers, it hires a net of: (p) Forty workers at an average salary of $700 per we

  • Q : Labor adds uniformly to total revenue

    The entire profit maximizing firm will appoint more labor up to the point where: (i) Average physical product of the labor equivalents the nominal wage. (ii) Last unit of the labor adds up equally to net revenue and net cost. (iii) Marginal product of the labor is at