The stage is the product life cycle that focuses on expanding market and creating product awareness and trails is the ?

Related Mcqs:

1. A company is in the ________ stage of the new product development process when the company develops the product concept into a physical product in order to assure that the product idea can be turned into a workable product ?

   A. product development B. commercialization C. marketing strategy D. business analysis...

2. According to Harris and Todaro, creating urban jobs by expanding industrial output ?

   A. is insufficient for solving the urban unemployment problem B. will generate capital-intensive technologies C. will generate more government revenue through urban wages D. induces government to increase minimum wages...

3. If a producer has market power (can influence the price of the product in the market) then free market solutions ?

   A. are equitable. B. are efficient C. maximize consumer surplus D. are inefficient...

4. If the total product of two workers is 80 and the total product of 3 workers is 90 then the average product of the third worker is ________ and the marginal product of the third worker is _________?

   A. 160; 270 B. 10; 30 C. 10; 3.33 D. 30; 10...

5. A group of modern economists who believe that markets clear very rapidly and that expanding the money supply will always increase prices rather than employment are the ?

   A. Keynesians B. post-keynesians C. monetarists D. new classical school...

6. A group of modern economists who believe that institutional factors and confidence strongly influence business behaviour and that expanding demand will usually increase output rather than prices are the ?

   A. monetarists. B. keynesians C. post-keynesians D. new classical school...

7. In the long run, expanding educational and training facilities, transportation and communication and other infrastructure in LDCs should increase ?

   A. productivity paradox B. absorptive capacity C. the residual D. uncertainly...

8. Which theory of economic management focuses on encouraging product through tax reduction ?

   A. Liberalism B. Free market economics C. Supply-side economics D. Supervised market...

9. There is a decentralized market where geographically dispersed dealers are linked by telephones and computer screens. The market is for securities not listed on a stock or bond exchange. Name the market ?

   A. Grey market B. Over-the counter (OTC) C. Open market D. Back market...

10. If all firms in a market have identical cost structures and if inputs used in the production of the good in that market are readily available, then the long-run market supply curve for that good should be ?

    A. downward sloping B. perfectly inelastic C. upward sloping D. perfectly elastic...