Regarding Our MACRO-Marketing System

question 180

Multiple Choice

Regarding our MACRO-marketing system:

• A) consumers would be better off if our macro-marketing system were in pure competition-rather than monopolistic competition.
• B) marketing makes people buy things they don't need.
• C) advertising can actually lower final consumer prices-if it helps achieve economies of scale.
• D) monopolistic competition leads to higher prices, restriction of output, a waste of resources, and greater consumer dissatisfaction.
• E) All of these alternatives are correct.

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Definitions:

Information Systems

Integrated sets of components for collecting, storing, and processing data and for providing information, knowledge, and digital products.

Project Management

A discipline involving planning, organizing, securing, managing, leading, and controlling resources to achieve specific goals.

Obtaining Certification

The process of acquiring a formal validation of one's qualifications or competencies in a specific area, often through examination or assessment.

Doing An Internship

A temporary position with an emphasis on on-the-job training rather than merely employment, and it can be paid or unpaid.