The type of advertising used for an experience good is

A) informational advertising.
B) persuasive advertising.
C) search advertising.
D) experience advertising.

Answer: B

Economics

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Why do we need a units-free measure of the responsiveness of the quantity demanded of a good or service to a change in its price?

What will be an ideal response?

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A ________ is a transaction in which both a spot transaction and a forward transaction are agreed upon simultaneously

A) arbitrage B) call C) swap D) put

Economics