If a firm runs a successful advertising campaign, what happens to the firm's demand curve? Choose...
If a firm runs a successful advertising campaign, what happens
to the firm's demand curve?
Choose one or more:
A.The demand curve becomes flatter or less vertical
.B.The demand curve becomes more vertical.
C.The demand curve shifts to the right.
D.The demand curve shifts to the left.
Homework Answers
Answer
Option B and C
B. The demand curve becomes more vertical.
The advertisement is successful means the good will become a brand and that makes the good inelastic which makes the demand curve more vertical as the increase in price will have less impact on the quantity. and also as the advertising increases demand and shifts the demand to right and slope more vertical
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If a firm runs a successful advertising campaign, what happens
to the firm's demand curve?
Choose...
If advertising is successful, Multiple Choice The demand curve shifts to the left The demand becomes...
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You are a producer of calculators. Last month, a tornado at your factory eliminated 50% of...
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annual pay raise. What is the consequence of these events?
Choose one or more:
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B.The tornado shifts the supply to the right.
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If advertising is successful, Multiple Choice The demand curve shifts to the left The demand becomes more elastic The demand curve shifts to the left, and demand becomes more price-elastic The demand curve shifts to the right and becomes steeper
You are a producer of calculators. Last month, a tornado at your
factory eliminated 50% of your firm’s production capability. At the
same time, your compensation costs increased by 5% because of an
annual pay raise. What is the consequence of these events?
Choose one or more:
A.The tornado shifts the supply to the left.
B.The tornado shifts the supply to the right.
C.The tornado does not shift the supply curve.
D.The tornado shifts the demand curve to the right....
If the price of hamburger buns increases, what happens to the demand curve for hamburger? O Does not shift Shifts to the right • Shifts to the left
please help
Question 4 Which statement best characterizes what happens to the aggregate demand curve when the price level rises? a. A rise in the price level moves the economy leftward along the aggregate demand curve. b. A rise in the price level shifts the aggregate demand curve to the left. C. A rise in the price level moves the economy rightward along the aggregate demand curve. d. A rise in the price level shifts the aggregate demand curve to...
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