Brand Names Are an Example of

question 129

Multiple Choice

Brand names are an example of

• A) economies of scale.
• B) oligopoly.
• C) product differentiation.
• D) illegal barriers to entry.

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Definitions:

Attractive Models

Individuals who are considered physically appealing and are often used in advertising and media to influence audience perceptions and behaviors.

Conditioned Stimulus

An initially neutral stimulus that, through association with an unconditioned stimulus, comes to elicit a conditioned response over time.

Cinnamon Rolls

Sweet baked goods made from dough that is rolled around a filling of cinnamon, sugar, and sometimes raisins or nuts, then sliced and baked.

Smell

A sense that detects chemical substances in the environment, allowing organisms to perceive odors and fragrances through specialized sensory cells.