--%>

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 : Contribution Standard for Income

    Staunch defenders of the contribution standard for income distribution would not argue that: (w) people must receive income at least commensurate along with survival needs. (x) equity requires people to be rewarded as per their marginal productivity.

  • Q : Illustration of Rational Ignorance I

    I have a problem in economics on Illustration of Rational Ignorance. Please help me in the following question. Supposing that the meat you purchase from a grocery store is good devoid of inspecting its quality yourself with the microscope is an illustration of: (1) Be

  • Q : Adjust production in profit-maximizing

    Adjust production in all profit-maximizing firms to a level where the marginal: (i) revenue most greatly exceeds average total cost. (ii) revenue curve is at its maximum height. (iii) cost curve is at its lowest point. (iv) cost curve intersects the m

  • Q : Price cut of Substitutes products When

    When a price cut for licorice gummy bears decrease the demand for tuna fish ice-cream, then: (1) Tuna fish ice-cream and licorice gummy bears are the complementary goods. (2) Price hikes for tuna fish ice-cream will decrease the demand for the licorice gummy bears. (3

  • Q : Price elasticity of demand coefficient

    A price elasticity of demand coefficient of infinity implies that: (w) the demand curve is horizontal. (x) each 1 percent price hike elicits a 1 percent increase in revenue. (y) total revenue increases proportionally as a firm increases its price. (z)

  • Q : Purely competitive firms in long-run

    Purely competitive firms in long-run equilibrium as: (w) should use the most efficient technology available. (x) follow cut throat policies to produce more than society demands. (y) produce output levels where TC = TR = MR = MC = P = AR = AC. (z) have

  • Q : Annual total revenue when profit

    When Nostalgia Corporation maximizes profit in its production of Silver Screen DVDs, in that case its annual total revenue will be roughly: (i) $40 million. (ii) $60 million. (iii) $80 million. (iv) $100 million. (v) $120 million.

  • Q : Classical adjustment in capital markets

    The first plans of savers and investors within this closed private economy are demonstrated as S0 and I0. Assume that people begin spending less on current consumption, and total saving plans shift to curve S

  • Q : Ownership shares in corporation I have

    I have a problem in economics on Ownership shares in corporation. Please help me in the following question. The Ownership shares in a corporation are termed as: (1) Bonds. (2) Entrepreneurial capital. (3) Common stock. (4) Total worth. (5) Retained equity.

  • Q : Entry of new firm in monopolistic

    Entry of new firms within a monopolistically competitive market: (1) is preventable. (2) may decrease the established firm’s production costs. (3) increases the established firm’s profits. (4) shrinks demand for a successful firm’s p