True or false

1. In the marketing for Nongfu spring water, the statement that it is nature's transporter makes demand more elastic since the advertisement persuades customers to purchase the product that is stated to be of superior quality. 2. Warranties may function as a signaling mechanism for product responsibility, since customers are more concerned with products offered by a reputable company. 3. Despite some dairy businesses' efforts to enhance food safety after the 2008 milk crisis, consumers remain cautious of domestic dairy products because their food safety beliefs are based on the whole industry's history rather than the history of individual enterprises. 4. Even under perfect competition, there is coordination failure among consumers of network commodities, hence perfect competition cannot be the first-best criterion for the net-work economy. 5. President Xi's claim that "China's fundamental contradiction is between unbalanced and inadequate development and the people's ever-growing needs for a better life" poses a significant regulatory challenge because a better life necessitates a higher quality, which is difficult to observe, verify, and contract. 6. If a discrete choice strategy is used to capture customer preferences, we discover that consumers have a shared preference for product features and that each consumer purchases just one unit of product. 7. If capacity choice is a strategic substitution, an increase in capacity by one business will lead to capacity reductions by others. 7 8. Provided Johnson & Johnson imposes an exclusive area provision on downstream retailers, it may have a pro-competitive impact if the agreement guarantees the company's product quality and safety. 9. When it comes to the placement of their stores, Walmart and Carrefour usually chose locations that are widely apart in order to cover a big market. 10. When KFC and McDonald's promote the pricing of their chicken wings, they make customers more aware of their goods, resulting in more elastic demand for the two firms.