Chapter 7 & 8 Test Review

______ search apps review your private data to provide you he answers to questions you ask

radio...

During the expansion phase of the business cycle...

t or f. The government can discourage sales of a product by increasing taxes on that product

________ technologies change the existing forms of communication channels

t or f. radio, tv, and the internet are examples of mass media 

________ provides the means to distribute an event to a large volume of people. 

t or f.  Customers must be able to obtain the product when and where they want it.

The law of supply and demand 

New technologies that change existing forms of communication channels 

t or f. Sports and entertainment businesses are usually very prosperous during a recession.

t or f. Pricing of merchandise is generally not influenced by the forces of supply and demand 

The channel members invovled in making a product or service available are called...

Channels of _________ include all of the businesses through which products pass to the consumer

The______ is the highest point of growth in the economy. 

a(n) _________ policy allows consumers to negotiate prices. 

_________ are types of delivery systems for delivering sports and entertainment events 

Antitrust laws have been enacted to 

Radio talk shows attract new younger listeners when podcasts are made available for download

t or f. Today, most tv programs are distributed to viewers just once or twice 

 A private enterprise system is based on independent decisions made by consumers & producers

Which is not an example of promotional pricing

During a recession there is... 

______ occurs when a movie is distributed nationally to thousands of theatres

Producers of sports and entertainment events 

t or f. There are two major channels of distribution... live and media. 

A grou of tv channels sold as a package for one monthly price is called.. 

Participation in recreational sports 

_______ is the point where the supply and demand curves intersect.

Live entertainment performances...

A(n) _______ is a combo of independent businesses formed to regulate production of a product

t o f. health leisure time and money all drive the recreation industry. 

t or f. when distance keeps fans from attending a live event media provides the nextbest option

t or f. when price goes up, demand for the product also goes up. 

the marketing mix and distribution of pro sports games is controlled by