Class recap
Law of _________ states that buyers will purchase more of a product or service as it's price drops.
What is Demand
This airline files for bankruptcy on 11/18/24
what is Spirit Airlines
A car repair shop is an example of a business that provides a ______
What is a service
What is Macy's
Which beverage company has famously run Super Bowl commercials featuring the iconic "Clydesdale" horses?
What is Budweiser?
Law of _______ states that producers will offer more of a good or service as prices rise.
What is supply
This fast food chain spends $100million to lure customers back after recent E.coli outbreak
The Red Cross is an example of what type of business / organization?
What is a nonprofit
What popular Christmas character does Coca-Cola often feature in it's Holiday marketing campaigns?
Who is Santa Claus
Which fast-food chain is famous for airing Super Bowl ads, including the “Where’s the Beef?” campaign that became a cultural catchphrase?
What is Wendy's?
The point where demand equals supply
What is Equilibrium
Coming to Manchester airport Jan. 2025, this airline choice will bring many passengers BLUE sky happiness
What is JetBlue
ROI
What is Return on Investment
What Holiday shopping event has grown in popularity and takes place on the Monday after Thanksgiving?
What is Cyber Monday
Which soda company has regularly spent millions on Super Bowl ads featuring celebrities, including the famous 2016 commercial with actor “The Rock” Dwayne Johnson?
What is Pepsi?
The cost of that something else you didn't choose
What is opportunity cost
This struggling aircraft manufacturer issues layoff notices to 400+ workers this week
What is Boeing
GDP
what is Gross Domestic Product
What holiday saw the creation of the “Small Business Saturday” campaign, which encourages people to shop locally and support small businesses?
What is Thanksgiving
Which car company has been a key sponsor of the Super Bowl for years, regularly featuring high-budget ads with celebrities such as Matthew McConaughey and Will Ferrell?
What is Lincoln?
The exchange of goods and services between two or more countries
What is International Trade
NFL fans are now worried this streaming service platform will fumble Christmas games after their recent debacle
What is Netflix
The term for a company that has the legal status of being separate from its owners
What is a Corporation
What city is famously known for it's decorated window store fronts during the Holiday season?
What is NYC
What is the estimated cost for a 30-second commercial spot during the 2024 Super Bowl?
What is $7 million (or approximately $6.5 million to $7 million depending on the year)?