Explain product differentiation ,  Name a product and show how it has been differentiated

Q: Describe the pro’s and con’s of advertising under monopolistic competition

A: Advertising is about explaining to people or making people believe that one company's products are…

Q: How can brands create the perception of products through advertisement and social stratisfaction?

A: Businesses have their major events and aspect that needs to be catered for the economy has a driving…

Q: What does monopolistic competition provide producers? A. One exclusive brand to sell. B. Total…

A: Monopolistic Competition is a type of market where there are large number of buyers and single…

Q: For a monopolistic competitor: Choose correct and explain your choice a. P=MR. b. P>MR. c. P=MC.…

A: The answer is - b. P>MR

Q: Economics Which is not a feature of product differentiation in monopolistic competition Select one:…

A: Product differentiation is a process in which a companies products or services can differentiate…

Q: The following diagram shows the structure of cost and demand facing a monopolistically competitive…

A: A monopolistically competitive firm produces at the intersection point of MR and MC.  If a…

Q: From a marketing strategy and customer intimacy perspective, to what extent do you believe companies…

A: In democratic government typically, it has been seen that there is both public and private sector…

Q: Comfort marketing is a type of cognitive message strategies True O False

A: A cognitive message strategy is a strategy which in turn presents pieces of information or rational…

Q: Advertising and sales promotions are ways of persuading consumers to match demand with products…

A:

Q: a diagram of depicting a firm that is making a profit in a monopolistically competitive market?

A: A monopolistic competitive firm maximizes its profits, he will produce at a price where Marginal…

Q: What business strategy you will recommend for a business in which pressure for product…

A:

Q: Study the evolution of any brand/company of your choice regarding its target market.   In…

A: Coca cola is one of the leading brands in the soft drink market . However it has changed its over…

Q: Choose one brand for every market structure below. Explain the characteristics of the brand to…

A: 1) Perfect competition: Brand for perfect competition: Agricultural or craft markets can be given as…

Q: Who are our competitors? What are their marketing strategies?

A:

Q: What are the different views of Advertising? Topic: Monopolistic Competition

A: Advertising is information about a company's product or operation distributed by the firm, usually…

Q: What makes a Monopolistic Competition a Perfect Competition.

A: Perfect competition is a type of market structure in which there are large number of buyers and…

Q: How do sellers in the monopolistic competition and monopoly competition compete?

A: Different forms of market structures differ in their level of competitiveness, ranging from highly…

Q: What are the three concepts that are commonly associated with marketing on the internet. Use…

A: Internet marketing refers to the process through which goods and services are marketed with online…

Q: Monopolistic competition market model for Coach Handbags showing a profit.

A: The way various industries are divided and differentiated depending on the degree and character of…

Q: There are several hamburger shops around you. You are trying to find ways to make your hamburger…

A: A monopolistically competitive firm will look to differentiate its product from its competitors as…

Q: Are golf balls really differentiated products? Explain why or why they are not?

A: Golf balls are a common example of a monopolistic competitive market. It is known that any specific…

Q: Directions: Complete the table below by supplying it with products that you consider similar. Write…

A: A substitute good or service  that can be used in the place of another good. It is a good that is…

Q: just real life example of monopolistic competition based on small business.

A: Monopolistic Competition Market: In monopolistically market there exists large number of producers…

Q: The table shows the costs and revenue for Glitter Ltd., a monopolistic competitor that sells…

A: Total revenue (TR) is the revenue earned from selling all the output at the market price. The…

Q: Branding involves creating and communicating a unique image and theme for a product in the…

A: A brand is considerably more than a natural name or logo that recognizes a business, item, or…

Q: The makers of Tylenol pain reliever do a lot of advertising and have very loyal customers. In…

A: Note:- Since we can only answer up to three subparts, we'll answer the first one. Please repost the…

Q: Which of the following gives the customers better products that are not offered by other…

A: Marketing: It means promotion and selling of goods and services which include market research and…

Q: Why e-commerce are considered as near perfect competition?

A: Perfect competition is a type of market structure in which there are large number of buyers and…

Q: Branding involves creating and communicating a unique image and theme for a product in the…

A: It is important that brand of the product is created.Due to branding,product sells at a larger range…

Q: Which of the following relates to the concept of differentiated products? A Optimal location B…

A: Monopolistic Competition: Monopolistic competition is the market situation that encompasses many…

Q: What is a marketing information system (MIS)? Whattypes of information does it include?

A: A business organization has several departments and systems that indulge in different activities and…

Q: Given a description of a company's marketing mix, classify the elements of the marketing mix and the…

A: Marketing relates to practices that a corporation undergoes to facilitate the acquisition or…

Q: Describe the major retailer marketing decisions?

A: Retailer Marketing Decision: The decision of the retailer changes in the environment of the market,…

Q: Outline the economic factors that affect marketing decisions and consumer buying power.

A: There are many economic factors that affect the marketing decisions of a firm such as unemployment…

Q: Identify the different advertising objectives? Provide examples of brand advertisement for each one…

A: Different advertising objectives The main objective of advertisement is to promote the product,in…

Q: Real life Example of monopolistic competition ( product differentiation) homogenous…

A: Monopolistic competition is where the producer control the supply of the good and the monopolist is…

Q: How does advertising help firms? In which market would you expect firms to use advertise mostly,…

A: Advertisement and sales are positively related with each other. Increasing advertisement leads to…