--%>
Assignment Help - homework help

Product differentiation in market

If new soap operas that, although same to the previous ones, all are advertised as original and new, the TV networks are engaging within: (i) bait and switch. (ii) product differentiation. (iii) monopolistic competition. (iv) dynamic game theory. (v) bad programming.

Please choose the right answer from above...I want your suggestion for the same.

   Related Questions in Microeconomics

  • Q : Unitarily price elasticity demand for

    When milk prices increase from $2 to $3 per gallon and sales fall by 600,000 gallons to 400,000 gallons monthly, then demand for milk is: (w) relatively price elastic. (x) unitarily price elasticity. (y) a 45 degree, negatively sloped

    		•
  • Q : Illustration of long-run adjustment in

    A rising market demand for generic puffy cheese chips produces economic profits and makes a new firm to build a vast modern factory to bake puffy cheese chips. It is an illustration of: (i) monopoly power. (ii) adjustments in the mark

    		•
  • Q : Sticky prices in oligopoly markets

    Sticky prices within oligopoly markets are: (w) predicted by the kinked demand curve model. (x) substantiated by many statistical studies. (y) most common for highly differentiated products. (z) a result of price discrimination.

    Q : Sufficient general theory of oligopoly

    A sufficient general theory of oligopoly would: (w) merely blend elements from competitive and monopolistic models. (x) qualitatively account for interdependence in decision making in broad terms. (y) closely fit all types of oligopoly markets. (z) de

    		•
  • Q : Inelastic proportion of demand in

    This profit-maximizing firm in illustrated graph will never knowingly generate: (w) where MR is positive. (x) where MR is falling. (y) on the elastic proportion of the demand curve. (z) on the inelastic proportion of the demand curve.

    Q : Entry and exit of purely competitive

    Pure competition is described by freedom of entry and exit by firms which are: (i) price discriminators and quality adjusters. (ii) price takers and quantity adjusters. (iii) owned and operated by entrepreneurs. (iv) arbitrators and p

    		•
  • Q : Profit-maximizing competitor in short

    This profit-maximizing pure competitor would close down within the short run when the price fell below the price resultant to: (i) point c. (ii) point d. (iii) point e. (iv) point f. (v) point g.

    Q : Help economics !! The market system's

    The market system's answer to the fundamental question "Who will get the goods and services?" is essentially: 1) "Those willing and able to pay for them." 2) "Those who physically produced them." 3) "Those who most need them." 4) "Those who get utility from them."

    		•
  • Q : Price and quantity supply The

    The positively sloped supply curves exhibit relationships which: (1) Follow from law of demand. (2) Are positive between quantity supplied and price. (3) Are negative between price and the quantity sold. (4) Exist for services however not goods.

    		•
  • Q : Effect of preference on demand Maureen

    Maureen generally drinks two glasses of Lost Horizons Cabernet Sauvignon each evening. Her demand for her preferred brand is least probable to be influenced by:  (i) The bad crop of grapes lowering the quality of Lost Horizons Cabernet. (ii) Getting a $4000 annua

    		•