In which industry structure is advertising and sales promotion likely to be most important?

(A) Perfect competition

(B) Monopoly

(C) Monopolistic competition

(D) All of the above are equally reliant on effective advertising and promotion

Question

Felix

Business

10 July, 05:55

In which industry structure is advertising and sales promotion likely to be most important?

(A) Perfect competition

(B) Monopoly

(C) Monopolistic competition

(D) All of the above are equally reliant on effective advertising and promotion

+5

Answers (1)

Know the Answer?

Mia Nichols · Answer 1

In which industry structure is advertising and sales promotion likely to be most important?

Perfect competition

Explanation:

A perfect competition entails the availability of numerous buyers and those that sells, there is need for advertisement and sales promotion in order to boost profit

In which industry structure is advertising and sales promotion likely to be most important?(A) Perfect competition(B) Monopoly(C) Monopolistic competition(D) All of the above are equally reliant on effective advertising and promotion

In which industry structure is advertising and sales promotion likely to be most important?

(A) Perfect competition

(B) Monopoly

(C) Monopolistic competition

(D) All of the above are equally reliant on effective advertising and promotion