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Advertisement that make consumers want to buy new and improved products is a result of...

User Omzer
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Final answer:

Advertisement that makes consumers want to buy new and improved products is a result of the competitive nature of businesses and the goal to increase profits.

Step-by-step explanation:

Advertisement that make consumers want to buy new and improved products is a result of the competitive nature of businesses and the goal to increase profits. In the framework of monopolistic competition, advertising can either make a firm's perceived demand curve more inelastic or increase demand for the firm's product. Successful advertising campaigns can lead to selling a greater quantity of the product or charging a higher price, both contributing to increased profits.

User Jeffora
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