Question: What function does advertising serve in countries where consumers have more income to spend after their physical needs are satisfied? It stimulates the sale of
What function does advertising serve in countries where consumers have more income to spend after their physical needs are satisfied? It stimulates the sale of products with relatively inelastic demand. It helps achieve long-term acceptance for products that do not meet consumer approval. It discourages the entry and use of new products in the market. It stimulates innovation and new products. It discourages competition
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
