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Which of these is the key to the creation of a demand for a product?
advertising
Which is the key to the creation of a demand for a product?
advertising
If the price of a complementary good increases, how will it affect the demand for the main product?
If the price of a complementary good increases, the demand for the main product will decrease.
What happens when the demand for a product decreases?
When demand decreases, supply increases.
If marginal revenue product capital increases the demand or supply curve?
Demand.
Impacts of advertising on entrepreneurship?
Advertising is an investment. Hence Advertising has a positive impact on enterpreneurship. Impact on sales, product reach, product demand also increases and so on.
How does advertising of a product increase it's price in the market?
Advertising increases awareness, which in turn increases demand, which then makes the product more desirable/harder to get, which then increases the amount that the provider can charge for the product, thus increasing the price that they ask for it. The cost of advertising must be added to the price of the product. The larger, more expensive the advertising campaign, the more cost must be added to the price of the product.
Which type of advertising is used to stimulate demand for a new product or product category?
Pull Advertising
Which of these is the key to the creation of a demand for a product?
advertising
Which is the key to the creation of a demand for a product?
advertising
What is usually the key to the creation of a demand for a product?
advertising
What happen when the demand for a product?
When demand decreases, supply increases.
If the price of a complementary good increases, how will it affect the demand for the main product?
If the price of a complementary good increases, the demand for the main product will decrease.
What happens when the demand for a product decreases?
When demand decreases, supply increases.
What will happen when the demand for a product increases according to Adam Smith?
Supply increases.
If marginal revenue product capital increases the demand or supply curve?
Demand.
How does advertising affect the sell of a product?
Advertising increases product sales. When more people see advertisements, more people are inclined to try the product and become loyal to the brand.
