Applied Theory Of Markets Set 8

Bachelor of Arts in Economics (BA Economics)

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This set of Applied Theory of Markets Multiple Choice Questions & Answers (MCQs) focuses on Applied Theory Of Markets Set 8

Q1 | Which type of market is Levi strauss (jeans)?
  • monopoly
  • monopolistic competition
  • oligopoly
  • duopsony
Answer: monopolistic competition
Q2 | A buyer searches information of product from
  • internally
  • external search only
  • no search about product
  • both internal and external search
Answer: both internal and external search
Q3 | What is Situational influence of buyer decision process?
  • time
  • perception
  • location
  • both a& c
Answer: both a& c
Q4 | Which Motive that influence where a person purchase product on a regular basis?
  • patronage motive
  • buying motive
  • consumption motive
  • none of these
Answer: patronage motive
Q5 | Which of the following involvesthe development of Graphic design for a product ?
  • branding
  • labeling
  • packaging
  • both b & c
Answer: packaging
Q6 | What is closely related with packaging and is used for identification, promotional andinformational purpose?
  • branding
  • labeling
  • grading
  • packaging
Answer: labeling
Q7 | Which activity coordinates advertising ,personal selling, sales promotion, publicity andpackaging?
  • promotion
  • management
  • marketing
  • all of these
Answer: promotion
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