Question:
Branding can be good for society because:
| A. |
it allows people to show off the branded goods they use or wear |
B. |
it keeps generic goods from taking over the market |
C. |
it provides useful information to consumers about the quality of branded goods |
D. |
it helps firms enjoy higher prices and profits |
Answer» c. it provides useful information to consumers about the quality of branded goods |
Note: |
The above multiple-choice question is for all general and Competitive Exams in India. |