A _______Is a Name,symbol,or Design (Or Combination of These)that Identifies

question 233

Multiple Choice

A _______is a name,symbol,or design (or combination of these) that identifies the goods or services of one seller or group of sellers and distinguishes them from those of competitors.

• A)copyright
• B)trademark
• C)brand
• D)logo

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Definitions:

Demand

The quantity of a good or service that consumers are willing and able to purchase at a given price over a specific period of time.

Demand

The total quantity of goods or services that consumers are willing and able to purchase at various prices during a specific time period.

Elastic

Describes a situation where the demand for a good or service significantly changes in response to changes in price.

Elasticities

Measures of how much the quantity demanded or supplied of a good responds to changes in price, income, or other factors.