Ask Question, Ask an Expert


Ask Macroeconomics Expert


Budweiser, Coors and Miller, who together manufacture 80% of all beer consumed in US, each spend well over $250 million the year on television advertising campaigns, promoting their beer brands. Perceptibly, if one firm is advertising its brands heavily, the others should also advertise to defend their market shares.

Do you think such firms would welcome congressional legislation which restricted the amount that any one firm could spend on advertising to $1 million annually and thereby allowed them all to decrease their costs without fear of losing ground to each other?  Describe your answer.

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M910550

Have any Question? 

Related Questions in Macroeconomics

Assignment credit card liabilities and fraud when a credit

Assignment: Credit Card Liabilities and Fraud When a credit card is lost or stolen, it can be used until its owner reports it as missing. This loss of one's credit card can result in fraud and therefore, being aware of t ...

Assignmentanalyze the following passage for audience

Assignment Analyze the following passage for audience, purpose, tone, and perspective to show the theme. "Thus absolutely lost in thought, and dying with the very thoughts of drowning, I come up with the post, who I did ...

How do companies keep mobile data secure for customers how

How do companies keep mobile data secure for customers? How do companies use technology to create competitive advantage?

Tre are two commodities h 12 with prices denoted by

There are two commodities, h = 1,2, with prices denoted by, p1,p2>0 and income denoted by m>0. The budget constraint is defined by the equation : p1x1 + p2x2 = m, where x1 is the quantity of good 1 and x2 is the quantity ...

Define the economic concepts of opportunity cost supply and

Define the economic concepts of opportunity cost, supply and demand, and marginal analysis. Discuss how they could be applied to the decision making of individuals, health care providers, or the government.

Hey need help asapexplain why it is important to understand

Hey need help ASAP. Explain why it is important to understand visitors to your site who are not your customers and visitors who do not return.

Analyse unemployment in the australian economy under the

Analyse unemployment in the Australian economy under the following headings: - Introduction: Explain why there is unemployment in your country of birth? - How is unemployment measured? - What is the causes of unemploymen ...

1 can global network inventory audit remote computers and

1. Can Global Network Inventory audit remote computers and network appliances, and if yes, how? 2. How can you export the Global Network agent to a shared network directory?

Gdp grew at a much faster 48 percent rate in the

GDP grew at a much faster 4.8 percent rate in the October-December quarter, but analysts said that growth masked some dangerous imbalances that were not present in the first-quarter report. Almost all of the fourth-quart ...

Recommended a healthcare reform policy alternative to

Recommended a healthcare reform policy alternative to positively impact insurance coverage and financing the delivery of healthcare in this country .(400 words) Cite appropriate reference.

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate