Asked by Cameron McKenzie on May 28, 2024
Verified
A wheat farmer is more likely to advertise than is a restaurant that sells fast food hamburgers.
Wheat Farmer
An individual or business involved in the cultivation of wheat as a primary crop.
Fast Food
Quick-service restaurants offering minimal table service and food that is prepared and served very quickly, often packaged for takeout or drive-through service.
- Acquire knowledge about the contribution of advertising and brand names to monopolistic competition.
Verified Answer
SB
SubAqurius BarttMay 30, 2024
Final Answer :
False
Explanation :
This statement is not necessarily true or false as it depends on the individual businesses and their marketing strategies. It cannot be generalized that one type of business is more likely to advertise than another.
Learning Objectives
- Acquire knowledge about the contribution of advertising and brand names to monopolistic competition.