Technological changes do not directly affect what, how, when, and where products are to be marketed. Now is this true or false and why?
This statement is false. We've come a long way from the weekly village markets and the later door-to-door salesmen, which were staples of marketing in the past.
Now we have changing, blinking marquees, Internet ads, as well as the ubiquitous TV ad. The latest marketing technique is the automated phone call marketing many of this year's political candidates.
a higher price for a product?
a) encourages sellers to sell less of it
b) causes shortage
c) shift both the demand and supply curve
d) cause buyer to buy less
Please help me on this multiple choice