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Read the following scenario and answer the question below.
Early People and Agricultural Beginnings
Long ago, two sisters were talking as they returned from their morning trip to collect mushrooms, seeds, berries, and green leaves for the day's meals. The younger woman was watching the progress of a small rabbit as it hopped across the path and toward the clan's trash midden (refuse heap) , where broken tools (made of bone, stone, or shell) were tossed, and where discarded food was thrown. She noticed the rabbit stop and begin nibbling at the many new, green shoots sprouting across one side of the midden. She walked over to look, and she saw that some of last year's discarded dried fruits were growing. Surprised and interested, she called her sister over to discuss this find.
-Two thousand years after our story began, it is likely that _______________
Brand-Loyal
A consumer behavior characterized by consistent preference and purchase of a particular brand over others.
Cross-Price Elasticity
The percentage change in demand for product A that occurs in response to a percentage change in price of product B; see also complementary products.
Competitive Parity
A strategy where a company ensures its share of marketing spend is comparable to its competitors.
Generic Brands
Products that are not branded with a company name but instead are labeled with the name of the commodity and tend to be less expensive.
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