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- As you review the Facebook site, you note that packagingfor your company’s bread uses the words “heart-healthy.”Would you bring this to the attention of the marketing groupresponsible for product packaging? Or would you look fora way to obscure the package design online? Defend youranswer.c-State and explain briefly 2 differences between a perfectly competitive market and a monopolistic competitive market.Exercise A.7. If you were thinking about getting into the ice cream business, would you try to make an ice cream exactly like the (successful) brands that already exist? Explain your decision using the ideas about monopolistic competition
- Think about how marketing might have evolved ten years ago if big data and predictive analytics had been around. How come this is the case?What is strategic marketing planning, and what is itspurpose?Which of these markets is most likely to be identified as monopolistic competition? Group of answer choices a. shoes b. corn c. gasoline d. shoes, corn and gasoline are all like monopolistic competition
- cosider this statement:" because price equals longr-un average cost and profits are zero, a monopolistically competitive firm is efficient. "Do you agree ir disagree? explainPick two stages in the household life cycle. Describehow your marketing strategy for the following woulddiffer depending on which group was your primarytarget market.a. Minivanb. Razorsc. Broadway showd. CasinoThe graph depicts the demand curve before advertising, DO, and the four possible demand curves that results from advertising. Which of the four demand curves depicts the two ways that advertising impacts demand?- D1 - D2 - D3 - D4
