Choose the statement that is incorrect O A A brand name prov

Choose the statement that is incorrect. O A. A brand name provides an incentive to achieve high and consistent quality. O B. A brand name provides information about the quality of a product to consumers O C. A brand name creates an efficient market OD. A brand name is a signal Click to select your answer 2 4 7

Solution

Ans:

Option C

A brand name creates an efficient market.

Brand name represents a name,symbol of a product or range of products of a particular manufacturer or supplier.Brand name acts as an incentive to achieve high quality and acts as signal to customers about the quality of the product.However brand name does not create an efficient market.