Asked by Adeel Humayun on Apr 24, 2024
Verified
A brand name is owned by a particular firm,and it distinguishes that firm's products from those of its competitors.
Brand Name
A name owned by a particular firm that distinguishes its products from those of other firms.
- Develop an awareness of the impact of advertising and brand names on monopolistic competition.
Verified Answer
ZK
Zybrea KnightMay 02, 2024
Final Answer :
True
Explanation :
A brand name serves as an identifier for a particular firm's products and sets them apart from their competitors.
Learning Objectives
- Develop an awareness of the impact of advertising and brand names on monopolistic competition.