Defenders of the use of brand names argue that brand names ?

Related Mcqs:

1. When a company enters a new product category for which its current brand names are not appropriate it will likely follow which of the following brand strategies ?

   A. Product extensions
   B. Line extensions
   C. Brand extensions
   D. New brands

2. Which of the following is not put forth as a criticism of advertising and brand names ?

   A. Advertising manipulates people’s tastes to create a desire that otherwise would not exist
   B. Advertising increase competition Which causes unnecessary bankruptcies and layoffs.
   C. Advertising increases brand loyalty causes demand to be more inelastic and thus, increase mark-up over marginal cost.
   All of these answers are criticisms of advertising and brand names

3. Using a successful brand name to introduce additional items in a given product category under the same brand same (such as new flavors, forms, colors, added ingredients or package seizes) is called a(n)?

   A. line extension
   B. brand extension
   C. multibranding
   D. new brands

4. Those who argue in favor of import protection generally give the impression that such restricted trade will?

   A. decrease the level of national security
   B. provide benefits to some particular industry
   C. provide benefits to the entire nation
   D. not yield welfare losses for the nation

5. A group of economists argue that the real problem with the economy is high rates of taxation and heavy regulation that reduce the incentives to work, save and invest. These economists are?

   A. Supply-side economics
   B. neo-Keynesian economists
   C. rational-expectations economists.
   D. new classical economists.

6. Economics in India Pakistan the Philippines and Mexico argue the foodgrain growth would not have kept up with population growth in the last four decades without ?

   I- improved packages of high-yielding seed varieties
   II- fertilizers, pesticides and irrigation
   III- improved transportation
   IV better extension service

   A. I and III only
   B. II and III only
   C. I, II and III only
   D. I, II, III and IV

7. A group of economists argue that the real problem with the economy is high rates of taxation and heavy regulation that reduce the incentives to work save and invest these economists are ?

   A. supply side economists
   B. neo-Keynesian economists
   C. rational -expectations economists
   D. New classical economists

8. Mariam earns more than Seamus and she came by her income fairly and honestly which of the following political philosophies would argue against the redistribution of income from Mariam to Seamus ?

   A. all of these answers
   B. libertarianism
   C. utilitarianism
   D. none of these answers

9. Supporters of antimonopoly enforcement argue that the real gain from such enforcement ?

   A. is that if encourages firms to engage in research which leads to new products
   B. is the revenue generated from the fines paid by those individuals who are found guilty of antitrust violation?
   C. Is that this policy serves to deter firms from engaging in such practices as collusion, price-fixing and deceptive advertising
   D. is that it forces firms to produce efficiently.

10. If input price prices adjusted very rapidly to output prices as classical economists argue the Philips curve would be ?

    A. Vertical or nearly vertical
    B. upward sloping
    C. downward sloping
    D. horizontal or nearly horizontal