The Williams Co. has launched a new app that will enable a user to turn on lights in a home with motion sensors. The Williams Co. app enables users to turn on the lights in the garage when it is dark outside. The app is in the introductory stage of the product life cycle and the adverting provides consumers in-depth information about its benefits. This is an example of . a. comparative advertising b. pioneering advertising c. institutional advertising d. competitive advertisin

Match each definition in column 1 with a vocabulary word from column 2." some of the entries in column 2 do not apply costs which do not change with the level of output costs which change with the level of output the change in total costs resulting from an increase in output by one unit function showing the quantities of a particular good demanded at a range of price when the quantity supplied of a good is greater than the quantity demanded when the quantity demanded for a particular good is greater than the quantity supplied the price and quantity determined in a market when the supply equals the demand when revenue exceeds costs when costs exceeds revenue output where revenue = costs