Marketing Planning 2
Quiz
•
Business
•
12th Grade
•
Practice Problem
•
Medium
Maya Kharishma
Used 36+ times
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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 :
Business annalist
Finance Annalist
Market Research
Product free sample
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