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27 December, 05:03

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

a. Advertising coaxes people to buy new products.

b. Advertising alerts consumers to price reductions.

c. Advertising undermines competition.

d. Advertising informs brand knowledge.

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  1. 27 December, 05:41
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    A. Advertising coaxes people to buy new products.

    C. Advertising undermines competition.

    Explanation:

    Advertising influences consumer choice in an oligopoly will be best described as; advertising coaxes people to buy new products and advertising undermines competition.
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