Must be 350 words, NEED IN 4 HOURS NOT 13

Anonymous
timer Asked: Dec 16th, 2018
account_balance_wallet $5

Question description

Option C: Signaling

Pick a commercial or advertisement you see. Answer the following questions in your essay:

  • What product is being advertised?
  • What message is the ad trying to convey?
  • Would this message increase willingness to pay? Explain.
  • Would this message decrease the price elasticity of demand? Explain.
  • Would this message reduce adverse selection? Explain.
  • Is this ad inefficient? Does it allow the firm to charge an excessive price and earn economic rent? Explain.

NEED IN 4 HOURS NOT 13

Tutor Answer

cherylking
School: Purdue University

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Signaling: Pepsi
Among the many commercials and advertisements I see on a daily basis, is the Pepsi
commercial in which case the advertisements that run encompass the PepsiCo products such as
the mountain Dew although more often than not the commercials will focus mainly on the wellrenown Pepsi drink. In most instances, the intent of PepsiCo is to create awareness; to the
public, on the quality of the company products and the target market, it has...

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Anonymous
Good stuff. Would use again.

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