Art Production for Advertising to Appear in Cyberspace-Particularly Those Composed

question 87

Multiple Choice

Art production for advertising to appear in cyberspace-particularly those composed of headline, body copy, and illustration-most closely resembles production of advertising for .

• A)radio
• B)television
• C)packaging
• D)print

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Definitions:

Informal Understandings

Unofficial agreements or practices among firms or individuals that dictate behavior without being legally binding.

Collusive Oligopoly

A market situation where a few firms dominate and agree, formally or informally, on prices or production levels to minimize competition.

Limit Pricing

A strategy used by monopolies or market leaders to set prices low enough to deter new entrants into the market.

New Rivals

refers to competitors that enter a market and challenge existing firms with their products, services, or business models.