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Product market are where individuals spend their incomes on goods and services True Or False?

True.


What happens when excess demand occurs in an unregulated market?

Excess demand in an unregulated market will cause the price of a product to fall. True or False?


Strategic market research is a focused and detailed approach conducted in response to a specific requirement for a product service or technology?

False


True or false 'trade name' is the name given for the first drug product introduced into the market?

False. When a company produces a new drug for the market, it assigns a generic name to the product. After testing and approval by the FDA, the drug company gives the drug a trade name (often something short and east to remember when advertised).


The image the product reflects in the minds of the consumer called segementation true or false?

False. The image that a product reflects in the minds of consumers is referred to as "brand perception" or "brand image," not segmentation. Segmentation, on the other hand, involves dividing a market into distinct groups of consumers with similar needs or characteristics.


When total product is rising both average product and marginal product must also be rising true or false?

that will be false! hope this helps!


In a perfect market when an individual producer tries to raise their price they will not be able to sell there product?

An individual producer will try to raise the price of a product when there is great demand for the product in relation to supply in order to gain a profit. Other producers in a perfectly competitive market will then lower their prices in order to attract more consumers to their product. This may still produce a profit if enough consumers buy greater quantities of the product to compensate for the low price. Overall this increases demand for the supply.


Including manufacturing overhead costs in product costs ensures that each product will earn a profit. TRUE or FALSE?

False


Is this true or false The multiplicand times the product equals the multiplier?

false


True or false Detailed analysis sometimes is called technical design?

False


Is a concept a finished product?

false


What agency is in charge of allowing aloe products on the market?

If they're food or drugs, then some combination of the FDA and the USDA. Otherwise it's hard to say; you'd have to specify what kind of product you meant, and it's likely not so much a matter of "allowing it on the market" as not shutting them down for false advertising or mislabeling the product.