Refer to the Article Summary. By marketing to pet owners, hotel companies like Klimpton, Choice, and W are trying to set themselves apart from competing hotel companies. This is an example of
A) product differentiation. B) defending a brand name.
C) legally enforcing a trademark. D) blocking entry into the market.
A
You might also like to view...
A change in the price of one good cannot leave utility unchanged unless the price change is accompanies by a change in income.
Answer the following statement true (T) or false (F)
Economic growth appears on a production possibilities curve as
A) the curve shifting out away from the origin. B) the curve shifting in toward the origin. C) a change in the slope of the curve. D) the points outside the production possibilities curve.
When Macroland's central banking authority reduces the legal reserve requirement by one half, the potential demand deposits will double
Indicate whether the statement is true or false
Funds that banks lend to borrowers come from
A. the bank's stockholders. B. the U.S. Treasury. C. depositors. D. the Federal Reserve.