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Which best describes how advertising influences consumer choice in an oligopoly?

Advertising coaxes people to buy new products.
Advertising alerts consumers to price reductions.
Advertising undermines competition.
Advertising informs brand knowledge

User Jian Cui
by
2.8k points

2 Answers

16 votes
16 votes

Answer:

D

Step-by-step explanation:

the guy is wrong

User Yakhyo
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2.7k points
19 votes
19 votes

Answer:

C. Advertising undermines competition.

User Stalker
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