A firm with a flat demand curve

A) has no brand loyalty.
B) has weak brand loyalty.
C) has strong brand loyalty.
D) isn't really worried about brand loyalty; flat demand curves guarantee zero profit.

A

Economics

You might also like to view...

The counterparty of someone buying a futures contract on the Chicago Board of Trade is::

A) Chicago Board of Trade B) hedger C) speculator D) trader

Economics

To understand the public sector, we must understand not only how government allocates resources, but also the importance role that _____ play in the policy-making process

a. corporations b. families c. politics d. individuals

Economics