An Advertisement Stating That a New Product Offers "Freedom and Comfort

question 40

Multiple Choice

An advertisement stating that a new product offers "freedom and comfort along with $20 savings per month" is using

• A)an emotional appeal.
• B)an analogy.
• C)an inductive appeal.
• D)both logical and emotional appeals.
• E)circular reasoning.

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Definitions:

Equilibrium Point

The point at which market supply and demand balance each other, and as a result, prices become stable.

S And D Curves

Stand for Supply and Demand curves, graphical representations in economics that illustrate the relationship between the quantity of goods available for sale and the quantity of goods that consumers are willing and able to buy at various prices.

Total Revenues

The entire amount of money received by a company from its business activities before any expenses are subtracted.

Equilibrium Point

The price and quantity at which the supply of a good matches its demand in a market, leading to a stable market condition.