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Marketing Planning 2

Authored by Maya Kharishma

Business

12th Grade

Used 36+ times

Marketing Planning 2
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is likely to happen to demand for normal goods if government increases the minimum wage?

Increase

Decrease

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is likely to happen to demand for inferior good if government increases the minimum wage?

Increase

Decrease

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happen to elastic good price if there is increasing in price?

Decrease

Increase

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What would happen to demand for a close substitute, if firms A puts the price up of A by 10%

Decrease

Increase

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What would happen to demand for a complementary good if Firm A puts the price up of A by 10%?

Decrease

Increase

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What would happen to price inelastic good if the price is decreasing?

Increase

Decrease

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All new product innovations must start with an initial idea. Ideas for new products can come from a variety of source, such as :

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