A Paint Store Has Launched an Advertisement on a Social

question 81

Multiple Choice

A paint store has launched an advertisement on a social media site.The ad promotes a new set of Acrylic paints and informs customers that the first fifty people to click on the ad will receive a free sample.This is an example of ___________.

• A) direct response advertising 
• B) personal selling 
• C) delayed response advertising 
• D) internal positioning

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Definitions:

Profit-Maximizing Output

The production level at which a business attains its greatest possible earnings.

Higher Prices

A situation where the cost of goods or services increases, often due to factors such as inflation, increased demand, or higher production costs.

Monopolists

Single sellers in a market who have significant control over the price and supply of a particular product or service.

Income Redistribution

The governmental policy or action of adjusting the distribution of income, usually through taxation and welfare programs, to achieve a fairer society.